Rivetry will merge with Salem-based Rigado, a hardware engineering consulting firm.
Under the all-stock deal, the Rivetry brand ceases and the combined company continues as Rigado, said Rau. The company will have offices now in Portland and Salem and has 32 employees. However, that employee count is expected to grow.
The company is looking for software and hardware engineers in both its offices, Rau said. The company has also hired its first employee in China to oversee manufacturing.
Rivetry started last year. Rau and business partner Bryan Fox wanted to start a company that would tap into the growing trend of ubiquitous connectivity. They intended to work with clients to add intelligence and connectivity to existing products or create new products.
Rigado was founded in 2010 and specializes in wireless modules, mostly Bluetooth Low Energy, WiFi, LTE and LoRa, a low range technology used in wide network deployments such as smart cities. The company makes its own modules.
Rigado has worked with large brands such as GoPro, Black and Decker and Intel as well as such startups as Vendscreen.
The company also developed and spun-out a product called Lumenplay that was an app-controlled lighting system for string lights.
“One of the things that I sort of realized when I started this was having an end-to-end capability to build these products is really important,” said Rau, who is now chief operating officer of the combined company. “To be able to say you understand both hardware and software seems to be really rare out there.”
By combining forces, both companies now have deep hardware and software know-how. Rau’s business partner Fox is now vice president of software engineering for the combined company.
The team launched the combined company at the Consumer Electronics Show in Las Vegas earlier this month. The deal officially closed last week.
The company displayed a number of projects at CES, including Instabeat, a heads-up display for swimmers that shows information in goggles such as heart rate and lap count. The product is expected to hit the market soon.
Another project was a chip embedded in a concrete sensor that measures curing and drying without the need to drill holes for testing.
While Rigado’s Portland office is in the former Rivetry spot, the team is looking for more space, Rau said.
Original article by Malia Spencer. Read it here.