- The Slovenian company Red Pitaya, specialized in reconfigurable open source instrumentation, announced that all outstanding shares of the company have been acquired by its compatriot Instrumentation Technologies.
- Red Pitaya will continue to operate as a wholly owned subsidiary of Instrumentation Technologies and will retain its identity.
The transaction with Instrumentation Technologies, explains CEO Rok Mesar, “provides development synergies and resources that will enable us to further increase STEMlab performance by achieving higher speeds and more measurement resolution.
“We are confident that we can learn from their innovative approach to penetrate new market segments, while providing them with stable financial and development support for rapid growth,” said Rok Uršič, founder of Instrumentation Technologies.
Red Pitaya is a private Slovenian company, which started its activity in 2013 as a spin-off of Instrumentation Technologies. Its first product is STEMlab, a multi-function, open-source, reconfigurable credit card sized instrument designed to be an inexpensive alternative to many measuring instruments. STEMlab can function as an oscilloscope, logic analyzer, signal generator, spectrum analyzer, etc. STEMlab is a test and measurement environment that includes a board, an application marketplace and a source code library. This platform is based on FPGA technology, allowing software and hardware programming, coupled with Analog/Digital converters. It offers FPGA and CPU level customization capabilities to ensure processing of real-world signals.
The Slovenian private company Instrumentation Technologies, founded in 1998, specialises in instrumentation mainly for the accelerator beam diagnostics used in particular by the Cern. The company has recently expanded its activities outside the accelerator market into industrial IoT, medical and portable devices.