Riedel Communications has announced its acquisition of Swiss engineering company Archwave Technologies, marking a new R&D partnership hub in Zurich. The move increases the company’s global engineering team to more than 100 engineers, while expanding its R&D capabilities for IP and standards such as AES67, which will further boost interoperability in the broadcast world.
‘At Riedel, IP standards are vital not only for our intercom portfolio but also for all of the other Riedel product lines,’ says founder and CEO, Thomas Riedel. ‘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.’
Archwave is an audio-networking and streaming specialist that vigorously promotes open standards for the interconnection of audio and video equipment in professional environments. As part of this agreement, Riedel will also acquire Cymatic Audio, an audio specialist within the music industry. This move allows Riedel to enter new markets and get closer to musicians, who already rely on Riedel technology in the background.
‘It is not often that such a strong and obvious strategic fit presents itself, but that is what I found with Riedel,’ says Archwave Technologies CEO, Arie van den Broek. ‘Riedel’s strength, operational excellence, and commitment to open technology were the factors that drove the development of this new relationship. We also appreciate that the deal offers new channels to markets within the existing Riedel organization. The team and I are extremely happy and excited to move forward as part of the Riedel family.’
With this cooperation, Archwave and Cymatic Audio will remain an autonomous unit within Riedel, while Riedel will adopt Archwave technology solutions for its own product portfolio.