Green Hills Announces Record Revenues, Earnings

Green Hills Software, which sells embedded software, has announced 'record revenues and earnings for 2009,' signaling what company officials say is 'an end to the embedded industry recession.'

Well, guess it's a good sign the recession's over somewhere. Green Hills officials claim 27 consecutive profitable years.

Green Hills Software's Q4 2009 sales increased by nearly 40 percent over the prior quarter, according to Dan O'Dowd, chief executive officer, Green Hills Software: 'The market for embedded software has rebounded strongly from its slumber between Q3 2008 and Q3 2009. Many of our customers and partners share this observation based on their own improved business prospects. There is no doubt that the embedded recession is over.'

Q4 2009 was the first full quarter following Wind River's absorption by Intel (News - Alert) Corporation, according to Green Hills officials, who cited 'industry expert Jack Ganssle' saying in June 'I find it inconceivable that Intel would want to support other vendors' chips, so suspect that over time VxWorks support will be pruned to just the x86.'

O'Dowd says in his opinion, 'customers require support for heterogeneous processors across classes and generations of designs, and developers value our ability to support their hardware choices with an open and consistent software ecosystem.'

Contributing to Green Hills Software's financial results is the company's entrance into the enterprise market through its subsidiary Integrity Global Security, which recently signed a global alliance with Dell to sell and support Integrity-178B in government enterprises.

Also this week TMC had the news that at the Mobile World Congress (News - Alert) in Barcelona -- sadly, we weren't green-lighted and expense-accounted to attend -- Green Hills announced the Integrity Multivisor, described by company officials as 'a multicore hypervisor for ARM (News - Alert) Cortex-A9 MPCore processors.'

The Multivisor is built on Integrity, which company officials call 'the RTOS and the only technology certified by USA's National Security Agency (News - Alert) to EAL6+ High Robustness, the highest level of security ever achieved for any software product.'