An alternate solution is the LeCroy ArbStudio Available Here

The AT-AWG500 digital engine has a powerful parallel architecture which can perform at runtime complex signal processing and waveform sequencing at high speed rates and resolution. The digital engine is well supported by a powerful analog front-end which provides three outputs with different performances and analog signal conditioning options.

AT-AWG500 is the ideal choice to generate high quality waveforms from the simplest to the most complex in the easiest way ever.
The AT-AWG500 parallel digital engine can run in Arbitrary,DDS (Direct Digital Synthesis) and True Arb(with external clock) Mode at 500Mhz update rate and 16Bit resolution.

AT-AWG500 has the AT-XSS (Extended Synchronous System) expansion system that provides the extendibility at up to 8 synchronous output without loss of performance: 8 channels @ 500Ms/s.

Two software provide a user-friendly graphic interface to control all the AT-AWG500 functionalities. The Basic software is a ready-to-go environment to start immediately and easily with the AT-AWG500 generating the most common waveforms.
The Full software, instead, provides full support for all AT-AWG500 features in a workspace based environment with multiple display windows and advanced editing tools.

Typical Applications

• General purpose AWG applications
• High fidelity waveforms for communications and semiconductor component and system tests
• Low Impedance Output for Programmable Supply Source useful in semiconductor test to emulate power on and power off transients.
• Frequency Hopping
• Pulse generation (current limitation feature, fast rise times and low pulse aberration, high voltage swing and output current)
• AM with Adjacent Carriers,Multi-Tone Testing, FM with Dual-Tone Modulation, Adding Noise to a Carrier Signal
• MFSK,MPSK,BPSK,QPSK (with two Waveforms and one adder)
• Automotive: for example generate a signal from an airbag sensor during a crash
• DDS in Clocking Applications
• Spread Spectrum clocking
• Jitter tolerance tests
• PRBS generation
• Emulate sensors
• Multiple Instrument Synchronization
• Sonobuoy communications

Available Accessories:

AWG500-WAR 3 years warranty extension for AT-AWG500