March 20, 2002--The acquisition will expand the manufacturer's optical physical-layer testing capabilities.
Tektronix Inc. (www.tektronix.com) has signed an agreement to acquire Profile Optische Systeme GmbH (www.profile-optsys.com), a maker of optical-component test and measurement equipment. Financial details of the transaction were not disclosed.
Profile will be integrated with Tektronix's optical business, expanding the company's portfolio of products focused on physical-layer test.
"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," says Rick Wills, chief executive officer and chairman of Tektronix.
"As an independent organization, we would have had to make significant investments to grow our company to the next level," says Adalbert Bandemer, Profile's president and CEO. "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."
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