1. A time synchronized multi-processor system which comprises: means for generating a periodic time signal; a plurality of processor elements for processing information about events; each of said processor elements receiving said periodic time signal and a first signal that an event has occurred and thereafter generating an event report containing data about said event and information correlating said event to said periodic time signal; means for reading said event reports; and means for periodically generating a second signal which causes said reading means to read said event reports and for determining the absolute time of said event.