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Averna Acquires U.S.-Based DAQTron Inc.Averna, a global test engineering solutions company, reportedly has acquired U.S.-based DAQTron Inc., a company involved in the design and implementation of test systems for communications OEMs.
Averna officials felt that this acquisition strengthens the company’s broadband product portfolio, brings greater mobile video functionality to the company’s Universal Receiver Tester-a platform supporting all common radio, video, and navigation signals-and gives the company a new U.S. headquarters in Atlanta, Georgia.
Officials said that 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 chief executive officer at Averna.
Pilon said that acquiring a formidable competitor such as DAQTron, a recognized world frontrunner in broadband test systems, concentrates the 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 Robert Sandage, founder and ex-president, DAQTron Inc.
Sandage, who will stay on in a senior executive position, said that Averna’s worldwide Channel Sales Partner network will give the company’s technology even better distribution.
He said that he is confident that the company’s clients will benefit from the richness that the combined strengths bring to all aspects of RF and broadband test.
Averna has purchased 100 percent of the shares of DAQTron Inc. In association with this transaction, called “la Caisse de depot et placement du Quebec,” one of the institutional fund managers in North America, 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, an executive vice president at the fund manager.
Provost said that this investment corresponds to the company’s partner strategy of supporting Quebec-based companies that offer good prospects and that require financing to pursue their growth.
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Anil Sharma is a contributing editor for TMCnet. To read more of Anil’s articles, please visit his columnist page. Edited by Michael Dinan More Hosted VoIP Community Stories
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