Teledyne to Acquire Xena Networks
03 Outubro 2023 - 6:13PM
Business Wire
Will Expand Teledyne LeCroy’s Protocol Test
Portfolio to include Terabit Ethernet Traffic Generation and
Network Emulation
Teledyne Technologies Incorporated (NYSE:TDY) (“Teledyne”)
announced today that it has entered into an agreement to acquire
Xena Networks ApS (“Xena Networks”). Xena Networks, headquartered
outside of Copenhagen, Denmark, is a leading provider of high-speed
Terabit Ethernet validation, quality assurance, and production test
solutions.
“The Xena Networks acquisition will further establish our
leadership in the protocol test market, extending our reach to
Ethernet system validation engineers, quality assurance labs, and
production lines for test, evaluation, and acceptance of Ethernet
components and systems,” said Robert Mehrabian, Chairman,
President, and Chief Executive Officer of Teledyne. “The
acquisition of LeCroy in 2012 provided a healthy and growing
portfolio of protocol test businesses focused on PCI Express, USB
as well as storage and networking technologies. Since then, we
expanded Teledyne LeCroy’s protocol test business with multiple
acquisitions, including Quantum Data (for video), Frontline (for
Bluetooth and WiFi) and OakGate (for storage devices test
solutions). Xena Networks will be a powerful addition to this
strong and growing protocol test portfolio.”
Artificial intelligence and machine learning, high-performance
computing and 5G all require ever higher speeds of data
transmission and fuel the need for new solutions to test next
generation Terabit Ethernet network components. The same network
equipment manufacturers that today use Teledyne LeCroy’s network
protocol analysis and error injection tools also require
high-performance Ethernet traffic generation and network emulation
test tools to validate product designs. Xena Networks test tools
offer in-depth Ethernet link training and auto negotiation test
capabilities, which next generation Terabit Ethernet products need
to ensure that expected performance is achieved. “Combining the
traffic generation and network emulation capabilities of Xena
Networks with the protocol analysis functionality of Teledyne
LeCroy will deliver a unique value proposition in support of
semiconductor and network equipment manufacturers, network service
providers, and hyperscale and cloud computing providers,” said
Kevin Prusso, Vice President and General Manager of Teledyne
LeCroy.
Jacob Vestergaard Nielsen, Xena Networks Chief Executive
Officer, said, “We’re excited to join Teledyne LeCroy and leverage
its wide coverage of protocols technologies. In particular,
Teledyne’s network protocol analysis solutions complement well our
traffic generation, physical layer, and network emulation products
with support of up to 800Gbps Terabit Ethernet data rates, to the
benefit of our customers.”
About Teledyne LeCroy
Teledyne LeCroy is a leading manufacturer of advanced protocol
analyzers, oscilloscopes, and other test instruments that verify
performance, validate compliance, and debug complex electronic
systems quickly and thoroughly. Since its founding in 1964, the
Company has focused on incorporating powerful tools into innovative
products that enhance “Time-to-Insight.” Faster time to insight
enables users to rapidly find and fix defects in complex electronic
systems, dramatically improving time-to-market for a wide variety
of applications and end markets. Teledyne LeCroy is based in
Chestnut Ridge, New York. For more information, visit Teledyne
LeCroy’s website at teledynelecroy.com.
Forward-Looking Statements Cautionary Notice
This press release contains forward-looking statements, as
defined in the Private Securities Litigation Reform Act of 1995,
relating to a pending acquisition of a company subject to customary
closing conditions. Actual results could differ materially from
these forward-looking statements. Many factors, as well as market
and economic conditions beyond either company’s control, could
change anticipated results. There are additional risks associated
with operating businesses internationally, including those arising
from United States and foreign government policy and regulatory
changes or actions and exchange rate fluctuations.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20231003551057/en/
Contact: Nick Kriczky – (512) 651-6454 Website:
http://teledynelecroy.com/
Teledyne Technologies (NYSE:TDY)
Gráfico Histórico do Ativo
De Abr 2024 até Mai 2024
Teledyne Technologies (NYSE:TDY)
Gráfico Histórico do Ativo
De Mai 2023 até Mai 2024