Lynx Software Technologies, Inc., a portfolio company of private equity firm OceanSound Partners, and a leader in foundational, open architecture software solutions for edge computing, has announced the acquisition of Core Avionics & Industrial, Inc. (CoreAVI). CoreAVI is the leading provider of development tools, software libraries, and deployable software packages that enable safety-critical graphics processing unit (GPU)-based computing, including certified graphics rendering, autonomy, and AI applications.
Bennett Jones acted as Canadian legal counsel to Lynx.
The Bennett Jones team was led by Curtis Cusinato and Andrew Bozzato (M&A) and included Rita Cherevychko, Spencer Daniel (M&A), Adam Kalbfleisch, Kolding Larson, Mercy Liu (Competition/Antitrust), Melissa Dimilta, Shelby Morrison, Suzie Suliman (IP), Matt Flynn, Kees de Ridder (IT/Privacy), Susan Seller (Benefits), Katelyn Weller, Madison Stemmler (Employment), Sabrina Bandali, Kathleen Wang (Trade/Regulatory), Scott Martyn (Real Estate), Philip Ward and Hennadiy Kutsenko (Tax).
Read the transaction press release.