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30 Jun 2006

CAPVIDIA and LEDAS announce plans to cooperate in the market of scienceintensive technologies and software development

CAPVIDIA and LEDAS announce their plans to integrate and multiply their potentials in building, development and distribution of science-intensive technologies and software as well as in joint fulfillment of external contracts. This initiative has become possible due the growing interest of western companies in the Russian market and the interest of software and technology development companies in the area of specific technological niches such as core algorithms and their implementation in complex end-user software applications and firmware. The essential factor which brought the companies together is their closeness in the fields of competence and approach to the market. This enables strengthening of market positions by consolidating efforts in constraint programming, resource planning, data translation, simulation and computer vision. The broader market opportunities and partner networks of both companies will be used as a joint ground for further market expansion.

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