- The Swiss company Zurich Instruments AG will be run as a full subsidiary
- The test and measurement market for quantum computing holds enormous potential for both companies
Rohde & Schwarz has acquired Zurich Instruments. It said that the 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. All functions at Zurich Instruments will remain in place, from development and production to marketing and sales
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. The company has over 100 employees at its Zurich headquarters and regional offices in China, the USA, France, South Korea, Japan and Italy. Zurich Instruments also has a strong network and extensive experience in academic physics research.
Remain a leader in the rapidly growing quantum computing market
In fiscal year 2019/2020, Rohde & Schwarz generated EUR 2.58 billion in revenue. The company has 12,300 highly qualified employees in over 70 countries. Rohde & Schwarz develops, produces and markets a wide range of electronic capital goods for industry, infrastructure operators and government customers.
Peter Riedel, President and COO of Rohde & Schwarz, said, “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.
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.”