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About Tektronix, Inc.

Tektronix measures up as a leader in the testing industry. The company 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 measure electrical signals), offering scopes in all shapes and sizes, from handheld units to large laboratory models. Tektronix, which is a subsidiary of Fortive, does business worldwide, serving clients in the automotive, communications, aerospace/defense, consumer electronics, education, energy, medical technology, and semiconductor industries, among others.

Strategy

Tektronix targets higher growth end markets and regularly rolls out new products. The two strategies come together in Tektronix's oscilloscope portfolio. The company's 5 and 6 Series oscilloscopes have gained traction with key contracts in the automotive and power end markets. 

Tektronix has grown in developed markets such as Japan, North America, and Europe, but its strongest advances have been in China, where sales have increased by double digits. However, Tektronix has felt the impact of continuing trade tensions between the US and China, which have eaten into some its sales.

In 2019, Tektronix Video, the unit that produces video test, monitoring, and quality assurance equipment, merged with Telestream, a provider of digital media tools and workflow software. The merged company, working under the Telestream name, is co-owned by Genstar, Telestream's parent company, and Fortive, the parent of Tektronix. 

Company Background

Tektronix was founded as Tekrad in 1946 by WWII veterans Melvin (Jack) Murdock, Glenn Leland, Miles Tippery, and Charles Howard Vollum. Their initial plan was to make, install, and repair electronic equipment. When another firm registered a name similar to Tekrad, they renamed their firm Tektronix, drawn from "technology" and "electronics." The vets set up in Portland, Oregon, where Howard Vollum had attended college.

Tektronix was acquired by Danaher in 2007. In 2016, Danaher spun off Fortive as an independent company; Tektronix was one of the units included in the spin off.

Tektronix, Inc.

14150 SW KARL BRAUN DR
Beaverton, OR 97005-2381
Phone: 1 (800) 833-9200

Stats

Employer Type: Privately Owned
President: Pat Byrne
Software Engineer: Estela Garcia
Employees (This Location): 1,600
Employees (All Locations): 5,028

Major Office Locations

Beaverton, OR

Other Locations

Phoenix, AZ
Covina, CA
El Cajon, CA
Irvine, CA
Santa Clara, CA
Aurora, CO
Littleton, CO
Winter Park, FL
Duluth, GA
Addison, IL
Chicago, IL
Shawnee Mission, KS
North Billerica, MA
Lutherville Timonium, MD
Novi, MI
Charlotte, NC
Raleigh, NC
Rougemont, NC
Sayreville, NJ
Wayne, NJ
Rome, NY
Solon, OH
West Chester, OH
Tulsa, OK
Beaverton, OR
Philadelphia, PA
Austin, TX
Greenville, TX
Houston, TX
Irving, TX