The story
Acceleware was founded in 2004, in Calgary, Alberta, Canada.
GPU Computing (using a graphics processing unit to compute mathematical algorithms), parallelizes complex tasks so that many equations may be calculated, at one time, as opposed to CPU computing which requires that these tasks be done in sequence. This parallelization results in a reduction of the time and costs required for highly complex and intensive simulations.
In January 2006, Acceleware went public on the TSX Venture Exchange (Symbol: AXE).
In January 2007, Nvidia invested $3 million in Accelware.
In January 2008, Acceleware entered into the seismic market, providing hardware acceleration for seismic migrations.
In 2010, Geoff Clark was appointed as CEO. Also in 2010, Acceleware partnered with Crosslight in January and with Paradigm in June.
In October 2018, Acceleware entered into an agreement with AMD to provide them with Software Engineering Expertise and Consulting Services.
In November 2019, Acceleware secured an investment from a Calgary-based oil sands producer for the RF XL pilot test of its radio frequency heating system.
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During the COVID-19 pandemic, Acceleware participated in the Faster, Together campaign to increase acceptance of COVID-19 vaccines.
From Wikipedia’s article on Acceleware, shared under CC BY-SA 4.0.5