Tektronix, Inc., a provider of test, measurement, and monitoring solutions today announced that it has signed a definitive agreement to acquire Minacom, a provider of active probe test solutions used by telecommunications carriers, cable MSOs, wireless and VoIP providers.

 

Tektronix will acquire Minacom in an asset purchase for approximately US $27.0M 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.

 

Congratulations to our good friends Michel, Scott and the rest of the Minacom organization.