Tektronix Acquires Test & Measurement Business From Sypris Solutions+ Inc.

Beaverton, OR, October 26, 2009 – Tektronix, Inc., a leading supplier of test, measurement, and monitoring products and solutions, today completed the acquisition of the Test & Measurement business from Sypris Solutions, Inc. (Nasdaq/NM: SYPR ) for $39.0 million. 

Sypris Test & Measurement, Inc. is a leading provider of calibration services, testing and component sourcing services, and specialty products.  The company serves customers in a variety of markets, including military, aerospace, avionics, telecommunications, automotive, semiconductor, medical and more.  

Expanding multiple vendor service offerings to support customers through the entire product life cycle is a key strategic initiative for Tektronix.  Sypris Test & Measurement brings a strong U.S. footprint of locations to provide rapid turn-around to customers across a wide range of parameters through on-site, mobile, or service offerings to current and future Tektronix customers. 

About Tektronix

Tektronix is a leading supplier of test, measurement, and monitoring products, solutions and services for the communications, computer, and semiconductor industries - as well as military/aerospace, consumer electronics, education and a broad range of other industries worldwide. With 60 years of experience, Tektronix enables its customers to design, build, deploy, and manage next-generation global communications networks, computing and advanced technologies. Headquartered in Beaverton, Oregon, Tektronix has operations in 19 countries worldwide. Tektronix' Web address is www.tektronix.com

Subscribe to Email Alerts

Click to subscribe to Tektronix breaking news


Subscribe to Email Alerts