Source : Free On-Line Dictionary of Computing

Versa Module Europa
     
         (VME) A flexible open-ended bus system which makes
        use of the {Eurocard} standard.
     
        VME was introduced in 1981 by {Motorola}, {Philips},
        {Thompson}, and {Mostek}.  It was intended to be a flexible
        environment supporting a variety of computing intensive tasks,
        and has become a rather popular protocol in the computer
        industry.  It is defined by the {IEEE} standard 1014-1987.
     
        (1997-03-10)