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FIMI Opportunity Funds Acquires U.S. Electronics Company Aitech for $30 Million
#Acquisition
About
Aitech is providing rugged embedded systems for military, defense, aerospace and space applications. The company's AI autonomous, cybersecurity and the digital backbone solutions enable more than 60 top-tier industry clients like NASA, Boeing, Lockheed Martin to expand their most revolutionary explorations based on multiple open standard architectures in which Aitech participates, like SOSA, FACE, VPX, CompactPCI etc.
Aitechs provides standard COTS products like single board computers, I/O, memory, and graphics boards, PMC/XMCs and sub-system enclosures, with over 100,000 boards delivered, as well as custom integrated systems to take on the most challenging projects in the harshest environment and succeed.
Aitech Systems Ltd, the Israeli branch, is in charge of the main R&D of the company's products, and it has also sales and marketing operations.