BANGALORE, November 22, 2017 /PRNewswire/ --
Abaco Systems today announced that it has appointed CoreEL Technologies as its exclusive distributor in India, effective November 1. CoreEL will market, sell and support the full range of Abaco's products, including single board computers; graphics processors; network switches; RF, DSP and FPGA products; and mission-ready systems.
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More than 1.3 million Indians work in the country's military/aerospace industry, which is said to be the third largest in the world. According to Global Market Insights, the industry is expected to be worth in excess of $23 billion by 2024.
Headquartered in Bangalore, CoreEL began operations in 1999. The award-winning and ISO 9001-certified company designs, develops and manufactures complex, reliable and rugged systems for aerospace and defense, with applications including radar, sonar, electronic warfare and high-speed analog front-end and RF subsystems. CoreEL also offers a comprehensive design capability, including hardware, software, RTL/FPGA and RF modules, and is a Xilinx® Premier Partner and authorized training provider. Of its 280+ employees, more than 40 are engaged in FPGA design. Among its significant achievements is the design and delivery of the industry's first optical distribution network for radar applications.
"We identified many potential partners to represent us in India, but CoreEL offered an outstanding combination of deep industry knowledge and wide reach, excellent customer relationships, a highly professional sales, marketing and support organization and in-depth technical skills, including design, development and manufacturing," said John Muller, Chief Growth Officer at Abaco. "We look forward to working with Vishwa and his team to combine Abaco's leading products with CoreEL's knowledge and expertise to the benefit of customers in India."
"What sets us apart from other technology players and solution providers is the fostering of a distinctive client/partner-oriented culture," said Vishwanath Padur, Managing Director, CoreEL Technologies. "This culture helps in bringing innovation, out-of-the-box thinking and prioritizing client and partner satisfaction. As an indigenous supplier, we are well placed to benefit from our government's 'Make in India' program which prioritizes local content, and we expect our partnership with Abaco to substantially strengthen our position."
"What is distinctive about Abaco is the company's deep commitment to the Indian market, the 'Make in India' program and the breadth of its advanced products that are a rare combination of high performance, low power, and lower cost," he concluded.
About Abaco Systems
With more than 30 years' experience, Abaco Systems is a global leader in open architecture computing and electronic systems for aerospace, defense and industrial applications. We create innovative, modular solutions based on open standards that are characterized by outstanding price/performance, ultimate rugged reliability and minimal SWaP. Our goal is to be a significant contributor to our customers' success, partnering with them to reduce cost, time-to-deployment and risk and supporting them over the long term. With an active presence in hundreds of national asset platforms on land, sea and in the air, Abaco Systems is trusted where it matters most.
About CoreEL Technologies
CoreEL Technologies is a Customer Application Specific Product & Solutions (CASPS) company offering innovative solutions from its diverse portfolio of expertise that includes Intellectual Property (IP) cores, system design, manufacturing, sustenance and OEM solutions in the form of EDA tools, mechanical engineering tools, COTS products and technology training. CoreEL's strength lies in its ability to blend deep domain knowledge with the right ingredients across its portfolio of offerings. It is a leading developer of advanced electronic system level products and solutions to three primary markets - aerospace & defence, digital media broadcast, and universities and institutions of higher learning.
Xilinx is the registered trademark of Xilinx, Inc. All other trademarks are the property of their respective owners.
Media Contact:
Sangeetha Gururaj
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CoreEL Technologies
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