INTEGRATED SYTEMS ACQUIRES AUSTRIAN C++ FIRM TAKEFIVE

Real-time operating system and embedded design company Integrated Systems Inc, Santa Clara, California, has snapped up Austrian C++ house TakeFive Software GmbH, Salzburg, and plans to run it as a wholly-owned subsidiary. Integrated Systems exchanged 5% of its enlarged equity for all of TakeFive’s shares;TakeFive claims revenues of $4m. TakeFive’s Sniff+ C/C++ development environment was used by Taligent Inc to create the CommonPoint application framework.

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