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VT MÄK
MAK Technologies, formerly doing business as VT MAK, Inc. is a software company based in Cambridge, Massachusetts that provides commercial off-the-shelf (COTS) modeling and simulation software. The company develops and sells software for distributed simulations that system integrators, governments, and research institutions use to build and populate 3D simulated environments. Users include medical, aerospace, defense, and transportation industries. In addition to offering COTS software, MAK provides the following services: simulation content creation, software customization, interoperability, research and development, and training. History MAK Technologies was founded in 1990. In 2006 the company was acquired by Vision Technologies Systems, Inc. (VT Systems). In 2009 MAK began doing business as (d.b.a.) VT MAK to reflect the branding of the parent company. In 2019 the parent company was renamed ST Engineering North America. In 2020 MAK dropped the d.b.a. VT MAK and returned to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wholly Owned Subsidiary
A subsidiary, subsidiary company or daughter company is a company (law), company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability company, limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries ar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |