Wuppertal, Germany (February 8, 2018)—Riedel has acquired Swiss engineering company Archwave, creating a new research and development hub in Zurich and increasing Riedel's global engineering team to over 100 engineers.
Archwave is an audio networking and streaming specialist that promotes open standards for the interconnection of audio and video equipment in professional environments, according to a statement from Riedel. The acquisition will expand the company’s R&D capabilities for IP and standards such as AES67.
"At Riedel, IP standards are vital not only for our intercom portfolio but also for all of the other Riedel product lines," said Thomas Riedel, founder and CEO of Riedel Communications. "By collaborating with Archwave, we are taking another important step towards providing complete networking solutions that allow broadcasters to work the way they want to work. With our new engineering team in Switzerland, we now have all the tools we need to create the plug-and-play workflows that our clients need for their transition to IP."
As part of the agreement, Riedel will also acquire Cymatic Audio, an audio specialist within the music industry.
Archwave and Cymatic Audio will remain an autonomous unit within Riedel, while Riedel will adopt Archwave technology solutions for its own product portfolio.
Riedel • www.riedel.net