Tektronix measures up as a leader in the testing industry. The company, widely known as Tek, is one of the world's largest makers of test and measurement instruments, such as digital multimeters, logic analyzers, and signal generators. In particular, Tektronix is the world's largest maker of oscilloscopes (instruments used to check electrical and electronic equipment); it offers scopes in all shapes and sizes, from handheld units to large laboratory models. Tek, which is a subsidiary of Danaher, does business worldwide, serving clients in the communications, aerospace/defense, consumer electronics, education, and semiconductor industries, among others.
The company is part of Test & Measurement segment of Danaher Corp. Tek offers network diagnostics and management solutions for fixed, mobile, IP, and converged multi-service networks. The company's products support a range of architectures and applications such as LTE, fixed mobile convergence, IMS, broadband wireless access, WiMAX, VoIP and triple play, including IPTV.
The company has sales offices and contacts worldwide; its regional headquarters are located in China, Japan, the UK, and the US.
While traditional instrument markets, such as logic analyzers and oscilloscopes, stagnated in growth, Tek found new life in network management and diagnostics products, due to increasing numbers of computer and communications networks throughout the world. Video/audio signal analyzers are also a hot market, as video spreads beyond broadcast and cable channels to the Internet, mobile devices, and other electronics.
Mergers and Acquisitions
Following its acquisition by Danaher, Tek continued to acquire other firms to augment its primary product lines in targeted markets. In early 2014, Tektronix acquired Picosecond Pulse Labs, which offers products that include ultra-high-speed pattern generators, fast pulse generators, and high bandwidth sampler modules. The acquisition is to strengthen Tektronix in the growing market for test equipment to support 100G/400G optical data communications research and development.
Tektronix bought TrueCall, a monitoring and diagnostic tool, from Newfield Wireless in 2013. TrueCall works on the radio access portion of a cellular network.