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ASSET Acquires ITT
December 4, 2007 |Estimated reading time: Less than a minute
RICHARDSON, Texas ASSET InterTech Inc. acquired International Test Technologies (ITT), based in County Donegal, Ireland. ITT supplies processor-emulation test technology to electronics manufacturers. The company's core test applications will merge well with ASSET's boundary scan systems for test, in-system programming (ISP), design-for-test (DfT), and advanced embedded instrumentation applications, according to representatives.
Through the acquisition, ASSET will focus on combining its JTAG-based structural test technology and ITT's processor-emulation-based functional testing capabilities. ASSET and ITT have collaborated through a strategic arrangement for three years, partnering for product development and marketing activities. ASSET's Scanworks JTAG and ITT's µMaster functional test technologies were integrated in the ScanWorks extended JTAG coverage test system.
As one company, we can further integrate technologies to target emerging opportunities, such as embedded test functionality and instrumentation, and design verification of high-speed serial buses, said Glenn Woppman, president and CEO of ASSET. design validation of high-speed serial buses. The merger will benefit customers as well, by increasing both companies' efficiencies, added Billy Fenton, CEO of ITT. Terms of the acquisition agreement were not disclosed.
For more information, see www.asset-intertech.com, and www.intertestech.com.