Rohde & Schwarz strengthens position in quantum technology market by acquiring Zurich Instruments AG
PR90466
MUNICH and ZURICH, July 6, 2021 /PRNewswire=KYODO JBN/ --
- The Rohde & Schwarz technology group, a trailblazer in future areas such as
6G and autonomous driving, will now also be active in the field of quantum
computing. The July 1, 2021 acquisition of Zurich Instruments AG, a
technological leader in test and measurement, will help Rohde & Schwarz further
expand its test and measurement division. The Swiss company Zurich Instruments
AG will be run as a full subsidiary.
In the coming decades, quantum technologies will significantly shape the
high-tech industry. The potential for industry and research is enormous. It is
a future trend involving billions in governmental subsidies and industrial
investment. Rohde & Schwarz is already active in quantum sensing. Thanks to the
acquisition, the company is now positioning its T&M solutions in quantum
computing, one of the most promising future technologies in the world.
Zurich Instruments offers cutting-edge test and measurement systems to
scientific and industrial research customers. The company has been at the
forefront of science since its founding in 2008. A spin-off of the Swiss
Federal Institute of Technology in Zurich (ETH Zurich), Zurich Instruments has
grown continuously ever since. The company has over 100 employees at its Zurich
headquarters and regional offices in China, the USA, France, South Korea, Japan
and Italy. In addition to quantum technology, Zurich Instruments has a strong
network and extensive experience in academic physics research.
Peter Riedel, President and COO of Rohde & Schwarz, explains: "We are looking
forward to developing technological solutions for the future together with
Zurich Instruments. We are also strengthening our position in the scientific
realm. Rohde & Schwarz and Zurich Instruments already share a passion for
advancing science and innovation."
The test and measurement market for quantum computing holds enormous potential
for both companies. Operating and maintaining a large-scale quantum computer
requires numerous, specific T&M solutions. Thanks to their complementary
products, Rohde & Schwarz and Zurich Instruments will provide complete
solutions in the future.
Dr. Sadik Hafizovic, co-founder and CEO of Zurich Instruments, adds: "In Rohde
& Schwarz, we found a company that can provide us with access to the latest and
best technologies. The size, stability and technological expertise of Rohde &
Schwarz offer optimal conditions for us to remain a leader in the rapidly
growing quantum computing market and continue to grow as an independent
subsidiary."
For customers at Zurich Instruments, the new constellation means even more
future-ready, innovative product roadmaps for lock-in amplifiers, impedance T&M
instruments and quantum computing control systems. Continuing the relationships
with existing customers and partners is essential to both companies. All
functions at Zurich Instruments will remain in place, from development and
production to marketing and sales.
Together with Zurich Instruments, Rohde & Schwarz will continue to shape the
technologies of the future – for a safer and connected world.
Rohde & Schwarz
The Rohde & Schwarz technology group is among the trailblazers when it comes to
paving the way for a safer and connected world with its leading solutions in
test and measurement, technology systems, and networks and cybersecurity.
Founded more than 85 years ago, the group is a reliable partner for industry
and government customers around the globe. On June 30, 2020, Rohde & Schwarz
had around 12,300 employees worldwide. The independent group achieved a net
revenue of EUR 2.58 billion in the 2019/2020 fiscal year (July to June). The
company is headquartered in Munich, Germany.
Zurich Instruments AG
Zurich Instruments makes cutting-edge instrumentation for scientists and
technologists in advanced laboratories who are passionate about phenomena that
are often notoriously difficult to measure. The company's core offering
includes lock-in amplifiers, impedance analyzers, arbitrary waveform
generators, and the first commercially available quantum computing control
system. Zurich Instruments brings innovation to scientific instrumentation and
quantum control systems in the medium-frequency (MF), ultra-high-frequency
(UHF) and now also super-high-frequency (SHF) ranges by combining frequency-
and time-domain tools within each of its products. This approach reduces the
complexity of laboratory setups and unlocks new measurement strategies.
R&S® is a registered trademark of Rohde & Schwarz GmbH & Co. KG.
All press releases, including photos for downloading, are available on the
Internet at www.press.rohde-schwarz.com.
Press contacts:
Rohde & Schwarz:
Monika Roth
+49 89 4129 16652
press@rohde-schwarz.com
Zurich Instruments:
Dr. Jan Benhelm
+41 44 515 01 20
press@zhinst.com
Source: Rohde & Schwarz
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