FSN Capital to acquire Tasking from Altium for $146m.

FSN Capital, a Northern European private equity investment firm, agreed to acquire Tasking, a company focused on the embedded software development industry for advanced driving assistance systems and autonomous driving, from Altium, an electronic design software company, for $146m. “The acquisition will establish Tasking as a leading independent software provider for safety critical applications. FSN Capital will provide Tasking with the flexibility to fuel our many growth opportunities as a standalone company. The backing of FSN Capital is testament to the tremendous track record our products and employees have delivered so far, as well as the growth opportunity and demand in our markets. The entire Tasking team is thrilled to continue the journey together and is looking forward to a bright future for our solutions, our team, and especially our customers,” Franz Maidl, Tasking General Manager.