Riedel expands its capabilities for IP environments with the purchase of Archwave
As a result of this acquisition, Riedel will set up an R&D centre in Zurich and is scheduled to buy Cymatic Audio.
Riedel has acquired the Swiss company Archwave and as a result of this partnership will create a research and development center in Zurich and increase the company's global engineering team to more than a hundred engineers while expanding its R&D capabilities in IP environments and standards such as AES67.
likewise, and as part of this agreement, Riedel will also acquire the audio specialist from the music industry, Cymatic Audio.
With this cooperation, Archwave and Cymatic Audio will remain an autonomous unit within Riedel, while archwave will adopt Archwave's technology solutions for its own product portfolio.
Archwave is an audio and network transmission specialist that promotes open standards for the interconnection of audio and video equipment in professional environments.
"Riedel, IP standards are vital not only to our portfolio of intercom solutions but also to all other product lines. Working with Archwave, we're taking another important step to provide complete network solutions that allow broadcasters to work the way they want. With our new engineering team in Switzerland, we now have all the tools we need to create the plug-and-play workflows our customers need in their transition to IP", explains Thomas Riedel, founder and CEO of Riedel Communications.
For its part, the acquisition of Cymatic Audio will allow Riedel to enter new markets and approach musicians, who already have their technology in the background.
"Riedel's strength, operational excellence and commitment to open technology have been factors that have driven the development of this new relationship. This agreement will mean adding new channels and markets", says Arie van den Broek, CEO of Archwave Technologies.
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