OceanSound Partners-backed Lynx Software Technologies completed the acquisition of Timesys.

OceanSound Partners-backed Lynx Software Technologies, a foundational, open architecture software solutions developer, completed the acquisition of Timesys, a provider of development tools, cybersecurity solutions, and differentiated software engineering services for open-source embedded and edge software applications. Financial terms were not disclosed. “Lynx’s mission is to improve the economics of designing, deploying, and servicing high-assurance edge software solutions. Increasingly, our customers leverage Linux-based solutions alongside safety-critical software within mixed-criticality systems. The addition of Timesys’ development and cybersecurity tools and its Linux engineering services enable Lynx to support our customers more effectively across a full spectrum of complex edge and embedded software needs. I’m thrilled to welcome the Timesys team to the Lynx family,” Tim Reed, Lynx CEO.