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November 27, 1991 | DEAN TAKAHASHI, TIMES STAFF WRITER
A Virginia software-engineering company said Tuesday that it has agreed to acquire Meridian Software Systems here in a stock swap valued at about $6 million. Meridian makes products for software developers working with the Ada computer-programming language used by the U.S. Department of Defense. The company, which employs 29 people, will keep its headquarters in Irvine and operate as a subsidiary of Verdix Corp., based in Chantilly, Va.
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BUSINESS
November 27, 1991 | DEAN TAKAHASHI, TIMES STAFF WRITER
A Virginia software-engineering company said Tuesday that it has agreed to acquire Meridian Software Systems here in a stock swap valued at about $6 million. Meridian makes products for software developers working with the Ada computer-programming language used by the U.S. Department of Defense. The company, which employs 29 people, will keep its headquarters in Irvine and operate as a subsidiary of Verdix Corp., based in Chantilly, Va.
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BUSINESS
November 25, 1985 | From Reuters
The U.S. military is one of the largest users of computer equipment in the world, so, when the Defense Department ordered a whole new software language, a new industry was born as well. After 10 years of development, the Ada language is moving beyond the realm of research to become a commercial product, and a slew of start-up companies are hoping to cash in on a market that may total $15 billion in annual sales to the military alone by 1990.
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