The French specialist in complex electronic embedded systems is partnering with MBO & Co and taking its independence from the PLDA group. This spin-off, led by the CEO Sylvain Neveu, gives the management team a majority holding in the company.
Founded in 2000, Reflex CES is an integrator of high-end electronic solutions based on reprogrammable semiconductor technology: FPGAs. These products meet the highest level of technological requirements and address sectors requiring high computing power, such as defense, Big Data, finance, driverless cars and IoT. Platinum Partner of Intel-PSG, the company offers a full range of catalogue products, tailor-made products and turnkey solutions.
Based in Lisses, near Evry, France, Reflex CES generated revenues of nearly €19 million in 2016, a 50% plus increase compared with the previous year. Sylvain Neveu’s strategic project will enable Reflex CES to become a global technology leader in the high-end FPGA market by continuing its efforts in innovation and R&D (50% of the workforce) and accelerating international development, notably in the United States where the company has a subsidiary in San Jose.
Reflex CES CEO Sylvain Neveu commented:
“I am particularly proud of the successful completion of the Reflex CES acquisition and independence project with the historical management team. The presence at our side of MBO & Co perfectly reflects our aim at developing and growing fast in technological markets with significant potential.”
Cécile Nguyen-Cluzel, Partner at MBO & Co, commented:
“Reflex CES is one of those electronics engineering jewels that France can produce: an exceptional team, high-level know-how and an ambitious project. We are particularly pleased to be able to accompany Sylvain Neveu and his team in their growth strategy.”