Defence LVC company announces acquisition

Defence LVC company announces acquisition

Defence LVC companies announce acquisition
(left to right) Dr Alex Streit, Ron Wiegand and Dr Andy Boud

Earlier this month, PLEXSYS Interface Products announced the acquisition of the shares of all ImmersaView companies.

“This merger brings together 30 years of PLEXSYS and 10 years of ImmersaView successes,” stated Ron Wiegand, PLEXSYS CEO.

“LVC (live, virtual and constructive) training value is found in the ability of warfighters to plan, brief, execute and debrief together. Integrating ImmersaView’s advanced display and video/audio/data after-action review (VADAAR) software technologies brings innovation and efficiency to Service, Joint and Combined readiness training.

"Simply put, VADAAR LVC will provide scalable, distributed after-action review capabilities for individuals, teams and entire distributed networks.”

The global LVC community will directly benefit from this merger.

“Immediately, simulator and operations centers will have the opportunity for elegant, more cost efficient and better display capabilities,” said Dr Andy Boud, director and co-founder of ImmersaView.

“Additionally, starting in mid-2017, LVC stakeholders across the globe can take advantage of the most capable, lowest cost, easy to use, distributed after-action review software designed to meet LVC and fifth generation readiness training requirements.”

The companies offered VADAAR LVC (beta version) demonstrations for the first time at the Interservice/Industry Training, Simulation and Education Conference (I/ITSEC) in Orlando, Florida, occurring 28 November – 2 December 2016.

“The targeted intersections of markets and products will experience the full potential of PLEXSYS-ImmersaView integrated products, technologies and world-class support,” said Dr Alex Streit, CEO and co-founder of ImmersaView. 

“As a result of this merger, the company will place greater emphasis on US, Australian and UK defence and commercial markets.” 

PLEXSYS and ImmersaView will continue to operate in parallel under existing company and solution branding. PLEXSYS headquarters remains in Camas, Washington, and ImmersaView will add staff to their Orlando, Florida and Brisbane, Queensland offices to expand business development and product development capacity.

“With PLEXSYS’ existing knowledge, product suite and customer base, our combined strengths offer our customers unique solutions,” said Boud. 

“ImmersaView’s existing customers will benefit from a strengthened presence in the US and the global defence market. With PLEXSYS’ expertise in developing and delivering world-class solutions to the defence community, this merger provides unique access and support for VADAAR LVC.”

“Current PLEXSYS and ImmersaView customers will continue to get the great products and support they are accustomed to, plus gain the benefit of access to larger solution sets, greater innovation and an uncompromising commitment to quality and customer partnership,” Wiegand added. 

“Both companies bring complimentary capabilities, solutions and culture to the merged entity. We share a bold vision for the future, are committed to growing our people and remain driven by excellence and innovation.”

Defence LVC company announces acquisition
lawyersweekly logo
Promoted Content
Recommended by Spike Native Network
MORE FROM DEFENCE CONNECT
Aug 18 2017
Projects of Concern list grows
The Department of Defence has confirmed two Air Force projects have been added to its Projects of Co...
Aug 18 2017
Australian workforce backed in by SEA 5000 contenders
Italian shipbuilding firm Fincantieri has come out in support of Australia's local shipbuilding work...
Aug 18 2017
Aus armour steel selected by LAND 400 contender
A Wollongong SME has signed a teaming agreement with a LAND 400 Phase 2 contender to develop and pr...