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Phase Matrix Acquired by National Instruments
San Jose-based
Phase Matrix
, a designer of RF and microwave test and measurement instruments, subsystems and components, has been acquired by
National Instruments
. National Instruments said it will pay $38M for Phase Matrix, which was founded by Pete Pragastis and Charanbir Mahal. Both founders will remain with Phase Matrix, as it becomes a wholly owned subsidiary of National Instruments.
posted on Monday, May 23, 2011
Related companies:
Phase 1 Holdings
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