July 5, 2021 // //
By Nick Flaherty
Zurich Instruments is now wholly owned by Munich-based testing company Rohde & Schwarz.
Zurich Instruments was founded in 2008 by Flavio Heer, Beat Hofstetter and Sadik Hafizovic to disrupt the lock-in amplifier market. Since then, it has grown organically to more than 100 staff and expanded into quantum systems. The terms of the deal have not been announced, but the company’s initial investment was $ 112,000.
“Since 2015, we have been deeply involved in providing the best equipment to scientists and engineers building quantum computers. The best and most up-to-date in this rapidly evolving field of science. We need access to technology, “said Hafizovich, CEO of Zurich Instruments.
“With Rohde & Schwarz, we have found a company that can provide just this, with the financial support that will allow us to make the bold investments we need to continue to lead the field in the future,” he said. Told. “The company’s management, organization, and our operations remain the same, but we can expect more exciting innovations from Zurich Instruments in the coming months and years.”
eeNews Other articles about Europe
Rohde & Schwarz Acquires Quantum Computing Company
Source link Rohde & Schwarz Acquires Quantum Computing Company