National Instreuments announced its acquisition of BEEcube, a technology innovator and leading supplier of high-performance FPGA prototyping and deployment products for advanced wireless research, wireless infrastructure and military/defense applications. BEEcube has been at the forefront of technology innovation in telecommunications applications. This acquisition will give Beecube the resources to continue to drive 5G research and provide our customers solutions which enable infrastructure deployment on a global scale.
Both NI and BEEcube share a common philosophy and vision of platform-based design. The combination of the two companies should strengthen their leadership position as 5G progresses toward commercialization.
BEEcube will operate as a wholly-owned NI subsidiary under the leadership of Chang and continue to sell and support its products under the BEEcube brand through its direct and distributor channels. The BEEcube acquisition is not material to National Instruments consolidated financial statements.
About BEEcube
BEEcube (www.beecube.com) is a technology innovator and leading supplier of advanced all programmable real-time signal processing platforms used in communications, defense, education and research for real-time prototyping, academic research, military communications, surveillance/signal intelligence and advanced wireless research/5G and infrastructure deployment.
