Profile

Allinea

Allinea Software is recognized as a leading vendor of tools for parallel software development and High Performance Computing (HPC).  Their tools make a programming parallel and multi-threaded software simple.  With cross-platform support and a strong focus on ease-of-use, Allinea products help to scale cluster applications to new heights.  One of the fastest growing companies in HPC, they have been honoured as a Red Herring Top 100 company.  Allinea is based in Warwick with offices in the US, as well as network of resellers and partners in most parts of the world.

On 16th December 2016  Midven completed a successful exit from Allinea.

The £18 million sale of Allinea to processor innovator ARM Group realised a 21 times return on investment after Midven sold its stake in the Warwick-based company. Midven invested in Allinea’s original team as a Warwick University spinout back in 2003.

Status exits

Associated Fund Advantage Growth Fund

Sector Software / Hardware

Website www.allinea.com/

Associated Team Members

Relevant News

Venture Capital Specialists Midven follows £18M Allinea Exit with sale of Prolojik

  2 March 2017 Midlands’ leading “patient venture capital”firm ushers Allinea and Prolojik into new opportunities…

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Allinea Software and NCSA Lift Industry Competitiveness with Supercomputing Partnership

NCSA is working with application performance tools from Allinea Software to increase the efficiency of…

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Mercia Tech sells emerging star Allinea Software for £18m

The company sold Allinea Software, which develops tools for developing and optimising high performance...

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BRIEF-ARM has acquired Allinea Software

Dec 16 Britain's FTSE 100 index is seen opening up 6 points on Friday,...

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