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Latest Test and Measurement NewsTeledyne LeCroy expands Protocol Solutions with acquisition of Quantum Data29 April 2016 – Teledyne LeCroy announced that it has entered into an agreement to acquire Quantum Data, Inc., the market leader in HDMI and SDI signal generators and protocol analyzers as well as test tools for other digital video technologies. Teledyne LeCroy is the market leader in protocol test tools for well known serial data standards like USB, PCI Express, SAS, and SATA. The Company’s strategy is to continue to expand its protocol offerings into additional wired and wireless data communication standards with the goal to be the market leader in each protocol standard. Teledyne LeCroy expects that acquiring Quantum Data will enable it to:
Teledyne LeCroy's Chief Executive Officer Tom Reslewic said, "The Quantum Data acquisition will allow Teledyne LeCroy to expand its protocol test portfolio into important video technologies like HDMI and SDI. These standards are key to emerging capabilities in consumer electronics, professional video and studio/broadcast applications. We anticipate a growing need for protocol test tools among designers in these markets. This expansion into adjacent video protocol standards reflects Teledyne's commitment to build a market leading presence across a wide array of serial data communications standards through Teledyne LeCroy's Protocol Solutions Group." Quantum Data CEO Allen Jorgensen said, "Joining Teledyne LeCroy's Protocol Solutions Group will be a great opportunity for Quantum Data and its employees. As the largest player in the serial data protocol test tools market, LeCroy is well positioned to help Quantum Data unlock growth opportunities in new and existing markets. The opportunity to leverage LeCroy's Ethernet protocol analyzers into emerging broadcast applications could provide Quantum Data a key advantage in the market." The acquisition of Quantum Data will support Teledyne LeCroy’s vision of becoming the leading brand for protocol test, with competencies that will enable the company to benefit from emerging industry trends requiring faster serial data connections in an expanding array of applications. www.teledynelecroy.com/ Related Articles: |
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