New Delhi: Strengthening its position as a leading provider of test and measurement
solutions for optical component manufacturers, Tektronix, Inc. has signed an
agreement to acquire Profile Optische Systeme GmbH, a technology leader in optical
component test and measurement.
Profile will be integrated with Tektronix' optical business, expanding the company's
portfolio of products focused on physical layer test and providing the technology
building blocks for future optical network test solutions. Financial details of the
transaction were not disclosed, an official press release said.
"We are investing in optical communications as a key area for growth in the future,"
Tektronix chairman and CEO Rick Wills said. "Profile has the optical technology
expertise and products that complement Tektronix's current optical test portfolio
and will support enabling applications and emerging technologies in the years to
come," he said.
"While we have been consistently recognised for our performance-leading products, as
an independent organisation we would have had to make significant investments to
grow our company to the next level," Profile president and CEO Adalbert Bandemer
said.
"This acquisition will give Profile the resources to leverage its optical expertise
into new applications as well as provide an extended global distribution channel for
immediate worldwide distribution."