View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
September 2, 1997updated 03 Sep 2016 9:16pm

TEKTRONIX ACQUIRES SIEMENS WAN TESTING GROUP

By CBR Staff Writer

Tektronix Inc has stepped in for Siemens AG’s $60m test and measurement business. All 230 employees at the Berlin location of Siemens Communications Test Equipment GmbH will join Tektronix along with 15 staff in Stockholm and the majority of a 45-strong sales force stationed around the world. Tektronix says it’ll take a $15-to-$20m second quarter charge to write off certain R&D projects at the unit. The SCTE business gives Tektronix a presence in the wide are network protocol analyzer market; it’s current products are targeted mainly at testing ISDN and telecom products and service. SCTE will continue to supply its former parent. Financial terms of the deal were not disclosed.

Content from our partners
DTX Manchester welcomes leading tech talent from across the region and beyond
The hidden complexities of deploying AI in your business
When it comes to AI, remember not every problem is a nail

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU