Lynx acquires defense platform software specialist
The OceanSound Partners-backed company adds a business whose products are in use on aircraft and command-and-control systems.
Lynx Software Technologies, a developer of open architecture offerings for embedded systems, has acquired a fellow software maker whose product line is in use on aerospace and defense platforms.
By purchasing Thompson Software Solutions, Lynx gains a larger network of customers that include the Defense Department and A&D original equipment manufacturers. Terms of the transaction announced Tuesday were not disclosed.
TSS started in 2004 and touts its core service lines as including software architecture and development, the DevSecOps software practice, cybersecurity, airworthiness certifications, open systems architecture, simulation and training, and artificial intelligence and machine learning.
Atlanta-headquartered TSS also describes its systems as in use on aircraft, commercial space flight, hypersonic platforms and command-and-control systems.
Lynx was acquired in the spring of 2022 by OceanSound Partners, a private equity firm whose holdings include the government technology companies DMI and SMX.
San Jose, California-headquartered Lynx views its combination with TSS as creating a more scaled provider of software offerings and service offerings to customers with complex requirements.
"With TSS’ high-value and differentiated software development and integration capabilities, we will be better equipped to enable aerospace and defense OEMs and prime integrators to accelerate the design, development, and deployment of their products and platforms,” Lynx's chief executive Tim Reed said in a release. “As we end 2023, Lynx’s portfolio of solutions spans from the operating system to the application layer, certifiable real-time, to general purpose and open-source, and from commercial-off-the-shelf to government-off-the-shelf software products."
TSS represents Lynx's second completed acquisition within the past month, a period that also included the purchase of engineering service provider Timesys Corp.
As part of the transaction, TSS’ chief executive Les Thompson and chief strategy officer Patrick McClellen have taken on senior leadership roles at Lynx.