Riedel expands its capabilities for IP environments with the purchase of Archwave
As a result of this acquisition, Riedel will create an R&D center in Zurich and the purchase of the Cymatic Audio company is planned.
Riedel has acquired the Swiss company Archwave and as a result of this partnership, it 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..
In addition, and as part of this agreement, Riedel will also acquire the music industry's audio specialist, Cymatic Audio.
With this cooperation, Archwave and Cymatic Audio will remain an autonomous unit within Riedel, while it will adopt Archwave's technological solutions for its own product portfolio.
Archwave is an audio streaming and networking specialist that promotes open standards for interconnecting audio and video equipment in professional environments..
“Riedel, IP standards are vital not only to our intercom solutions portfolio but also to all other product lines. By collaborating with Archwave, We are 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 as they transition to IP.”, explains Thomas Riedel, founder and CEO of Riedel Communications.
For your part, The acquisition of Cymatic Audio will allow Riedel to enter new markets and get closer to 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 “, asegura Arie van den Broek, CEO de Archwave Technologies.
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