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VI Technology Named One of Austin's Fastest-Growing Private Companies by Austin Business Journal
AUSTIN, Texas (Oct 17, 2008) -- VI Technology was announced as one of the Fastest 50 Growing Private Companies by the Austin Business Journal at the FAST 50 Cocktail Reception & Awards ceremony on October 16 at the Renaissance Austin Hotel. Rankings are determined by the average revenue growth when combining net revenue figures from 2005, 2006 and 2007.
“This recognition is a testament to our relentless pursuit to bring enterprise technology to test efforts across industries. The most successful companies within each of our target sectors have gained significant quality improvements and accelerated time to market thanks to our solutions,” said Alex Backus, CEO of VI Technology. “Our customers find that enterprise test solutions are essential in an increasingly competitive market, enabling the fastest way to test highly-complex electronic devices.”
Founded in 1991, VI Technology took automated testing to a new level by building test system architectures that could be reused across the enterprise. Engineers could rely on proven frameworks that were scalable and easily adaptable to new devices. Since then, VI Technology has released off-the-shelf Enterprise Test Software (Arendar 2009 Suite) for managing every aspect of test, including test plan management, test data management, automated on-demand report generation, and enterprise-wide data analysis.
Given their success in consumer electronics, VI Technology has taken its 17 years of experience in automated test and created application-specific enterprise test platforms such as the Multimedia Test System (MMTS). The MMTS, which is based on National Instruments instrumentation technology, is already widely adopted with hundreds of MMTS systems deployed world-wide by the most successful consumer electronics companies.
“By aggressively expanding our expertise from one-off automated test systems to the most advanced technological software and hardware platforms, we have maximized the value of testing across the entire enterprise, which has led our customers and industry pundits to recognize us as one of the 50 fastest growing companies in Austin,” said Backus.
About the Austin Business Journal Fast 50
The Austin Business Journal's annual Fast 50 contest recognizes the fastest-growing companies in the Austin area. Rankings are based solely on revenue growth during the past three years, and information submitted by contestants is verified by an independent accounting firm.
About VI Technology
Since 1991, VI Technology has increased companies' quality and productivity by delivering enterprise test solutions and services. VI Technology offers comprehensive enterprise test solutions by combining custom automated test systems and enterprise technologies such as Arendar to solve company-wide test problems for the semiconductor, communications, defense, biomedical, and consumer electronics industries.
Contact Information
Kiran Thomas
Marketing Manager
Tel: (512) 327-3348
Fax (512) 327-3341
kiran.thomas@vi-tech.com
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