Resonant has announced that they have purchased 100% of GVR Trade SA (GVR), a Swiss-based company specializing in the consultation and design of Surface Acoustic Wave (SAW) and Bulk Acoustic Wave (BAW) devices, from its sole shareholder, Dr. Victor Plessky, for approximately $1.1 million in stock and cash.
According to Terry Lingren, CEO of Resonant - This acquisition of GVR is a logical extension to the existing long-term cooperation between the two companies. Their collaboration during the past eight years has resulted in the creation of some of the world’s best tools for the design and development of high performance filters, duplexers and quadplexers that currently dominate the RF front-ends of the LTE handset market. Victor and his team add a tremendous depth of knowledge and meaningfully enhance their ISN® Suite of filter design tools and throughput capabilities, thereby, further expanding our ability to support licensing agreements for both current and future partners and customers.
GVR is well known for their speed of services and cutting edge modeling techniques that can deliver enhanced designs. They have been at the forefront of acoustic wave filter design, publishing some of the most advanced works in the area for more than 30 years, with over 350 publications and over 2,000 citations.
Dr. Plessky has joined Resonant as Director of Engineering and they will also retain other key GVR technical staff. GVR currently markets FEMSAW, an advanced, finite element modelling tool for SAW resonators. Dr. Plessky and his team have been instrumental in developing some of the most advanced techniques in advanced filter design and have been responsible for some of the industry’s most notable publications, including, “Coupling-of-mode analysis of SAW devices”. Most recently, he and his team have authored a paper that has been accepted for publication at the IEEE IUS conference in September, “Hierarchical Cascading in 2D FEM Simulation of Finite SAW Devices with Periodic Block Structure.”
GVR has been engaged with the Resonant team since 2008 and have been under contract since 2012. They have collaborated in the development of an essential and specific components of their Infinite Synthesized Network (ISN®) platform. Resonant believes ISN is one of the most advanced physical electro-acoustic tools and is capable of modeling today’s most sophisticated and advanced SAW processes and filter designs. Dr. Plessky will be joining them as a full time employee to assist the Company in the further development and improvement of their ISN platform.