Concurrent Computer Corporation

The company was created in November 1985 when the computing division of Perkin-Elmer, the Data Systems Group, was spun off as a separate company. The computing group, which had started out as the company Interdata before Perkin-Elmer acquired it in 1974, The stock traded on the NASDAQ exchange. Its plant in Oceanport had 800 employees alone. Corporate headquarters had initially been Holmdel, but during 1987 moved to Tinton Falls. The company's C3Ada product came out in 1987; it ran on OS/32 and was among the early wave of commercial products to get past the strenuous Ada Compiler Validation Capability (ACVC) validation suite. The company's languages group investigated the challenges of implementing Ada, with its built-in tasking feature, on a real-time system with multiple processors, and in how best the requirements of real-time systems could be expressed in the language. By 1988, there were some 2,800 employees in the company overall, and at its peak, the Oceanport manufacturing facility would have nearly 1,000 people working at it. Revenue for 1987 was $247 million. ==Merger with MASSCOMP==

An announcement was made on August 1, 1988, The merged company's headquarters was the one used for Concurrent in New Jersey, had been brought in. as well as participating in the definition of the Ada Semantic Interface Specification (ASIS). ==Merger with Harris Computer Systems==

Due to repayments and a debt-for-equity swap, by 1995 the company's debt load had been reduced from $200 million to under $25 million. Negotiations resumed the following year, albeit in the opposite direction, and in June 1996, Concurrent acquired the high-performance computer business of Harris Computer Systems. Most of the rest of the New Jersey operations, which had been dwindling due to rounds of layoffs and employees leaving, soon followed. In July 1997, Concurrent sold the Oceanport building, although it still leasebacked a smaller manufacturing and servicing capability within it, responsible for keeping going an older product line. Now CEO of Concurrent, Siegel said the relocation was for better executive access to the rest of the country and for a better talent pool; a factory remained in Pompano Beach, Florida. While Siegel wanted to emphasize the company's video-on-demand product, called MediaHawk, most of the company's $82 million in annual revenues still came from the real-time systems product line. It also still had a presence in the defense industry, though, with Lockheed Martin as a customer. By this time, Concurrent's systems were based on the Intel/AMD processor architecture. ==End==

During 2017, the pieces of Concurrent Computer Corporation were sold off. In May 2017, the real-time systems business was acquired by the private equity firm Battery Ventures for $35 million. The resulting division was named Concurrent Real-Time, which was later acquired for $166.7 million by Brüel & Kjær, a subsidiary of Spectris plc, in July 2021. In October 2017, the video content delivery and storage business was acquired by the Canadian telecommunications firm Vecima Networks for $29 million, in a transaction that appears to have closed in very early 2018. ==References==