This paper gives a detailed description of the acquisition and trigger electronics especially designed for the V0 detector of ALICE at LHC. A short presentation of the detector itself is given before the description of the Front End Electronics (FEE) system, which is completely embedded within the LHC environment as far as acquisition (DAQ), trigger (CTP), and detector control (DCS) are concerned. It is able to detect on-line coincident events and to achieve charge (with a precision of 0.6 pC) and time measurements (with a precision of 100ps). It deploys quite a simple architecture. It is however totally programmable and fully non-standard in discriminating events coming from Beam–Beam interaction and Beam-Gas background. Finally, raw data collected from the first LHC colliding beams illustrate the performance of the system.