PYX Resources: Achieving volume and diversification milestones. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksConcurrent Technologies Share News (CNC)

Share Price Information for Concurrent Technologies (CNC)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 101.50
Bid: 100.00
Ask: 103.00
Change: 2.50 (2.53%)
Spread: 3.00 (3.00%)
Open: 99.00
High: 101.50
Low: 99.00
Prev. Close: 99.00
CNC Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Concurrent Technologies launches VME single board computer Rhea

Tue, 09th Apr 2024 15:37

(Alliance News) - Concurrent Technologies PLC on Tuesday launched virtual machine environment single board computer Rhea, which it described as a further addition to its VME range of embedded processor boards.

The Essex, England-based computer board manufacturer said this coincided with Intel Corp's launch of its latest Atom processor.

Concurrent Technologies said Rhea offers a wide range of input and output interfaces which are needed for its target applications, alongside enabling customers to benefit from the very latest security features.

These include "presenting a valuable upgrade path for [customers]" at a time when up to date VME computer boards are "increasingly difficult to source from major vendors", Concurrent Technologies said.

"VME is a standard that has existed for many years and has been widely deployed in a range of industrial, research, semiconductor process control, transport, medical and defense applications worldwide. Whilst no longer the cutting edge of technology, VME continues to be a widely installed architecture, particularly in the defense market and many organisations have designed their platforms around this standard," Concurrent Technologies said.

"Being able to upgrade their computing capability while remaining within the VME environment is crucial to time and cost efficiency. Customers are able to remove their existing boards and plug a new one into the exact same slot. By continuing to support the VME standard, the company is responding to the needs of its customers, and extending the revenue generating lifecycle of a VME product family in which Concurrent has invested for more than 20 years."

Director of Product Strategy Nigel Forrester commented: "We have a long track record for delivering excellent VME boards based on Intel processors. The 2022 VME board market exceeded USD270 million and part of our board strategy is a commitment to offer VME processor boards to support existing and new VME customers, and Rhea is a timely proof point."

Shares in Concurrent Technologies were down 1.0% to 85.11 pence each in London on Tuesday afternoon.

By Greg Rosenvinge, Alliance News senior reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

More News
26 Aug 2020 15:57

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Earnings, Trading Statements Calendar - Next 7 Days

Read more
3 Jul 2020 14:43

Former Concurrent Technologies Chair Collins Retires After 33 Years

Former Concurrent Technologies Chair Collins Retires After 33 Years

Read more
3 Jul 2020 14:14

Former Concurrent Technologies chair retiring from board

(Sharecast News) - Computer board designer and manufacturer Concurrent Technologies announced on Friday that its former chairman, Michael Collins, intends to retire as a director and from the board on 30 September.

Read more
22 May 2020 15:48

UK EXECUTIVE CHANGE SUMMARY: ITV CEO Replaces Sky's On Burberry Board

UK EXECUTIVE CHANGE SUMMARY: ITV CEO Replaces Sky's On Burberry Board

Read more
23 Apr 2020 15:54

Concurrent Technologies Hikes Dividend As Annual Earnings Rise 37%

Concurrent Technologies Hikes Dividend As Annual Earnings Rise 37%

Read more
26 Mar 2020 17:42

EXECUTIVE CHANGE SUMMARY: Shareholder To Become Executive Chair Of NMC

EXECUTIVE CHANGE SUMMARY: Shareholder To Become Executive Chair Of NMC

Read more
10 Mar 2020 17:27

Concurrent Technologies Declares 1.45 Pence Second Interim Dividend

Concurrent Technologies Declares 1.45 Pence Second Interim Dividend

Read more
28 Jan 2020 12:47

Concurrent Tech Rolls Out Artificial Intelligence Accelerator Board

Concurrent Tech Rolls Out Artificial Intelligence Accelerator Board

Read more
21 Jan 2020 10:55

Concurrent Technologies Says 2019 Revenue Will Beat Forecasts

Concurrent Technologies Says 2019 Revenue Will Beat Forecasts

Read more
11 Oct 2019 14:13

DIRECTOR DEALINGS: Concurrent Tech Engineering Director Sells Stock

DIRECTOR DEALINGS: Concurrent Tech Engineering Director Sells Stock

Read more
10 Sep 2019 11:19

Concurrent Technologies Ups Interim Dividend 11% As Earnings Rise

(Alliance News) - Concurrent Technologies PLC on Tuesday said revenue and profit rose in the first half of 2019 after sales increased across all its sectors.In the six months to June 30, by

Read more
3 Sep 2019 16:17

UK Earnings, Trading Statements Calendar - Next 7 Days

Wednesday 4 September Oxford BiomedicaHalf Year ResultsDunelm GroupFull Year Year Income

Read more
21 May 2019 15:54

Concurrent Tech Sees Strong Year-To-Date Trading, Promotes Interim CEO

LONDON (Alliance News) - Concurrent Technologies PLC said Tuesday ahead of its annual general meeting that its trading performance for 2019 so far has continued on from its good 2018 profit and so

Read more
8 May 2019 11:11

Concurrent Technologies Long-Serving Boss Fawcett Unexpectedly Dies

LONDON (Alliance News) - Concurrent Technologies PLC said Wednesday Chief Executive Glen Fawcett died on Tuesday, with Commercial Director Jane Annear taking over as acting Fawcett had been on a a

Read more
4 Apr 2019 14:26

Concurrent Technologies gross profits slip as revenue improves

(Sharecast News) - Embedded computer boards designer and manufacturer Concurrent Technologies announced an increase in its revenues in its final results on Thursday, to £16.6m from £16.2m year-on-year.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.