Esterel is a leading provider of embedded software simulation solutions for mission critical applications. Corum represented Esterel and its primary shareholders, Innovation Capital, Galileo Partners, ACE Management, Inria-Participations and Intel Capital, during the transaction.
The Esterel SCADE solution enables software and systems engineers to design, simulate and produce embedded software, the code built into the electronics in planes, trains, cars, energy systems, medical devices and other industrial goods. Modern products are increasingly complex systems of hardware, software and electronics. Esterel products provide software and systems engineers a solution to accurately model and simulate the behavior of the embedded software code to gain insight earlier in the design process and trace it to its requirements.
One of the things that really gave me a lot of confidence, as Corum took us through the process, was that ultimately, a deal is about the people. It’s about chemistry, the fit, the synergy between the people involved.