MONTREAL, April 16 /CNW Telbec/ - Global test engineering company Averna
today announced that it has acquired U.S.-based DAQTron Inc., a successful,
privately-owned leader in the design and implementation of test systems for
communications OEMs. This move strengthens Averna's broadband product
portfolio, brings greater mobile video functionality to the company's URT(TM)
(Universal Receiver Tester) - a platform supporting all common radio, video,
and navigation signals - and gives Averna a new U.S. headquarters in Atlanta,
At the core of DAQTron's intellectual property are the industry's first
DOCSIS 3.0 RF protocol analyzer, the Mercury and Jupiter manufacturing and
design verification test systems, and the Trident software platform suite for
simulating and testing over-air and terrestrial digital signals for a wide
array of device types, including any device communicating via cable. In
addition to the Atlanta headquarters, the acquisition gives Averna a new
office in Annapolis Junction, Maryland.
"We believe that the convergence of radio, video, and navigation content
into mobile devices will continue to fuel demand for multifunctional test
instruments and systems," said Pascal Pilon, president and CEO of Averna.
"Acquiring a formidable competitor such as DAQTron, a recognized world
frontrunner in broadband test systems, concentrates our strengths and
positions Averna to lead the trend towards computer-based instrumentation."
"We are pleased to join such a dynamic company, and are convinced that
our product offering is a perfect fit," said DAQTron Inc. founder and
ex-president Robert Sandage, who will stay on in a senior executive position.
"Averna's worldwide Channel Sales Partner network will give our technology
even better distribution, and I am confident that our clients will benefit
greatly from the richness that our combined strengths bring to all aspects of
RF and broadband test."
Averna has purchased 100% of the shares of DAQTron Inc. In association
with this transaction, la Caisse de dépôt et placement du Québec, one of the
largest institutional fund managers in North America, has invested in Averna
to facilitate the acquisition. "The Caisse is proud to help a leading company
such as Averna to accomplish its expansion projects," said Normand Provost,
executive vice president, private equity, at la Caisse de dépôt et placement
du Québec. "This investment corresponds to our partner strategy of supporting
Quebec-based companies that offer good prospects and that require financing to
pursue their growth."
Fondaction CSN, who has partnered with Averna since 2006, is also
participating in this round of financing. "Averna has seen remarkable growth,"
said Régent Watier, head of investment at Fondaction CSN. "This acquisition
confirms Averna's position as a leader in the expanding test engineering
field. Averna is playing its part in the development and proliferation of
expertise in the Quebec technology sector, as well as creating and maintaining
quality jobs. Fondaction is proud to be associated with Averna in this new
Averna is a global test engineering solutions company, and a strategic
partner for innovative OEMs. Averna empowers high-tech manufacturers to
accelerate electronic product development, achieve superior quality throughout
the design lifecycle, and maximize productivity.
DAQTron, Inc. is widely recognized as the worldwide leader in the design
and implementation of test systems for cable modems, VoIP modems, and set-top
boxes with systems that have tested over 35 million of such products. Along
with DOCSIS expertise, DAQTron also specializes in FPGA, signal processing,
and RF design. Prior to the acquisition, DAQTron was a Select Alliance Partner
of National Instruments. Founded in 1994, DAQTron was privately held and had
offices in Atlanta, GA, Annapolis Junction, MD, and Austin, TX.
For further information:
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