Programming Research Group Ltd, a global leader in static analysis, and Toyo Corporation of Tokyo Japan have announced that following a long term business partnership of over 15 years, Toyo has now become a significant shareholder in PRQA. This new investment will enable PRQA to accelerate the enhancement and development of new and advanced software analysis techniques and methods for program accuracy, integrity and reliability in the Software Development Life Cycle market.
Paul Blundell, CEO of PRQA said that he was delighted to be able to deepen the company’s strategic relationship with Toyo. “It will allow us to continue to grow PRQA and develop new solutions for our customers, helping them to produce high integrity, dependable quality software for safety-critical and business-critical systems”.
Commenting Toyo President and CEO Masaru Gomi said, “Toyo’s investment in PRQA is strategic to our future plans. Toyo have been at the forefront in providing leading edge technology solutions to Japanese industry and business for many years. We see this PRQA partnership as key to the growth of our software business, ensuring that we continue to provide world class solutions to our customers who require reliable, high quality software in their products and services”.