Tektronix to acquire Minacom

NOVEMBER 6, 2006 -- Tektronix will acquire Minacom in an asset purchase for approximately $27 million and expects the transaction to close within 30 days.

NOVEMBER 6, 2006 -- Test, measurement, and monitoring equipment provider Tektronix Inc. (search for Tektronix) has signed a definitive agreement to acquire Minacom, provider of active probe test equipment used by telecommunications carriers, cable multi-system operators (MSOs), and wireless and VoIP providers worldwide. Minacom is based in Montreal, Canada, and has an installed base in 30 countries worldwide. Tektronix says the acquisition will expand its leadership and addressable market in next-generation network (NGN) management solutions.

Tektronix will acquire Minacom in an asset purchase for approximately $27 million and expects the transaction to close within 30 days. The impact of the acquisition is expected to be immaterial to Tektronix' financial results for the fiscal year. Minacom's 35 employees will become part of Tektronix and the business will continue to be located in Montreal. The new group will become a center of excellence for IP active test within Tektronix.

Minacom's active test offerings for VoIP, voice, video, Internet, Fax, and Fax-over-IP provide active troubleshooting, provisioning, and automated service quality monitoring that accurately reflects the real subscriber experience, say Tektronix representatives. The combined products will provide an integrated end-to-end NGN network and service quality test platform for Tektronix customers, enabling them to provide the highest quality of service to their subscribers and to rapidly identify, localize, and quantify service and network issues at all points from the core to the edge of the network, claims Tektronix.

"We are committed to providing innovative NGN solutions," asserts Rich McBee, senior vice president and general manager, Tektronix Communications Business. "This acquisition will enable Tektronix to offer both active and passive probing capabilities for modern and legacy networks. The integration of these products into one solution will accelerate delivery of our product roadmaps in key areas such as IP voice, video. and data services and for access and edge network service management," he explains. "Additionally, Minacom's respected leadership position with cable MSOs for active VoIP testing will provide direct access to a new market segment for Tektronix' monitoring business."

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