ARX Equity Partners has is to acquire Instrumentation Technologies (I-Tech). The transaction also includes Red Pitaya, a handheld electronics lab incorporating instruments such as oscilloscopes and signal generators. A market that is currently witnessing large scale adoption among signal processing engineers, hobbyists and students.

Rok Ursic, Founder of Instrumentation Technologies, says: “When I founded I-Tech in 1998 my mantra was “reach high” and this spirit has permeated the company from its inception. It has allowed us to attract the best tech talent in the region to grow and develop I-Tech to where it is today.”

Brian Wardrop, Managing Partner at ARX Equity Partners, says: “ARX is delighted to partner with I-Tech which is an outstanding example of a highly successful Slovenian entrepreneurial success story.”

Elvis Janezic, CEO at Instrumentation Technologies, says: “Together with our new partner, we look forward to continuing and accelerating our innovation-driven strategy, while serving our customers with the highest performance instruments for particle accelerators.”

Read more at Private Equity Wire