AUSTIN, TX -- NI today announced its acquisition of BEEcube, a supplier of FPGA prototyping and deployment products for advanced wireless research, wireless infrastructure and military/defense applications.
BEEcube will operate as a wholly owned NI subsidiary under its founder and CEO, Chen Chang, and continue to sell and support its products under the BEEcube brand through its direct and distributor channels.
The acquisition is not material to National Instruments' consolidated financial statements and the company did not disclose the purchase price.
“As the Internet of Things (IoT) drives greater demand for data and an increasing number of connected devices, NI is excited to be at the forefront of research and prototyping tools for next-generation 5G wireless technology,” said Charles Schroeder, NI director of RF communications. “NI and BEEcube share a common philosophy and vision of platform-based design, and we believe the combination of the two companies will strengthen our leadership position as 5G progresses toward commercialization.”
“For many years, BEEcube has been at the forefront of technology innovation in telecommunications applications," Chang said. "By joining NI, we will have the resources to continue to drive 5G research and provide our customers solutions which enable infrastructure deployment on a global scale.”