Belgrade, Serbia & Toenisvorst, Germany – Monday, October 28th – NOFFZ Technologies GmbH, announced today that it has acquired a majority stake in Forsteh d.o.o. The Serbian entity will now operate under the name NOFFZ-Forsteh Technologies d.o.o.
The acquisition and establishment of the new organization NOFFZ-Forsteh Technologies d.o.o. provides NOFFZ additional engineering and manufacturing capabilities with industry acknowledged expertise in the National Instruments’ toolchains and platforms. Additionally, the NOFFZ Group’s engineering and service portfolio will be extended through access to new markets and industries.
“By acquiring a majority stake in NOFFZ-Forsteh Technologies d.o.o. we have achieved another milestone to accelerate our global presence and further strengthen NOFFZ’s industry-leading capabilities in the development and manufacturing of tester solutions. Our new location in Serbia is the perfect addition to our existing global footprint and enables us to better serve our customers worldwide.” – Tobias Noffz, Director Finance & HR at NOFFZ.
Today, the NOFFZ Group employs more than 150 passionate people in eight locations around the world.
“It has been great to see how our company has grown over the past 30 years. I am proud to have this great team.” – Wilfried Noffz, Founder and Managing Director of NOFFZ.
“Our shared strategic focus will be developing leading-edge engineering solutions in the areas ADAS, Connected Car and 5G OTA areas. Based on our UTP Platform we will now extend our portfolio to Semiconductor related applications. We are happy to add significantly more resources to appropriately staff our R&D initiatives.” – Markus Solbach, Managing Partner / Director Sales & Marketing at NOFFZ.
The NOFFZ Group focuses in its core strategy not only on developing customized test solutions but also on the development of products like UWT (Universal Wireless Tester), BaseStation Emulator, as well as Software Defined Radio for next generation RF Technologies and test fixture design.
“In considering possible cooperation and acquisition candidates it became clear that the setup of Forsteh with its location in Serbia was the best fit for us. In the past months we successfully collaborated on several R&D and customer projects and saw the benefits of globally distributed engineering expertise.” – Manuel von Helden, Managing Partner / Director R&D and Operations at NOFFZ.
“It is very interesting how much our companies have in common. It isn’t only passion for the same technology or how we serve our customers, but the most impressive thing for us was the alignment of family-oriented company cultures. Forsteh is team of carefully selected talented engineering and operations personnel, built for the long run, and we are happy to continue our exciting journey with our new family”– Dusan Vukasinovic and Milos Radulovic, Managing Directors at NOFFZ-Forsteh Technologies d.o.o.
NOFFZ Technologies is headquartered in Toenisvorst, Germany and has developed a global presence over the last 30 years. With more than 150 employees worldwide, NOFFZ Technologies develops and manufactures industry-leading test solutions with a core focus in Automotive (ADAS/Connected Car/RF), Consumer Electronics and Telecommunications. Incorporated in 1989, NOFFZ is a Platinum Alliance Partner of National Instruments.
Forsteh, headquartered in Belgrade, Serbia, is a consultation and turnkey solution provider for design validation and end-of-line production functional test systems. As National Instruments Alliance partner with strong expertise in RF applications, Forsteh has been recognized as a trusted partner in the semiconductor and automotive industries with a global footprint.