Red Pitaya outstanding shares acquired by Instrumentation Technologies

Red Pitaya, the company aiming to offer low cost, open-source, reconfigurable instrumentation with its credit-card-sized STEMlab platform, has announced that all the outstanding shares have been acquired by Instrumentation Technologies, a specialist in instrumentation, primarily servicing the accelerator beam diagnostics market.

Red Pitaya says it will continue to operate as a wholly-owned subsidiary of Instrumentation Technologies and will retain its own identity as it serves very different market sectors.

STEMlab is a test and measurement environment that includes a board, an application marketplace, and a source code library. It is designed as a low-cost alternative to expensive measurement and control instruments.

STEMlab can function as an Oscilloscope, Logic Analyser, Signal Generator, Spectrum Analyser, and perform tasks such as vector network analysis.

The Instrumentation Technologies deal, explains CEO Rok Mesar: “will provide development synergies and resources that will enable us to increase the performance of STEMlab further, with higher speeds and greater measurement resolution.”