Acceleware is part of a larger computing industry trend towards parallel processing via multi-core and massively-parallel GPU hardware and software architectures.
Extensive research on special-purpose hardware was conducted, and Acceleware developed competence-accelerating scientific computing software applications.
[4] In July 2008, market conditions and lack of available venture capital forced Acceleware to scale back its growth plans and reduce staff.
[5] In October 2018, Acceleware entered into an agreement with AMD to provide them with Software Engineering Expertise and Consulting Services.
[6] 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.