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10/11/2005

Tektronix acquires Vqual Ltd

Tektronix, Inc, a leading worldwide provider of test, measurement and monitoring instrumentation, has acquired Bristol based Vqual Ltd, a leading provider of software tools for analysis, test and optimisation of compressed digital media.
Changes in the transmission and storage requirements of broadcast video have created a need for content providers, broadcasters, network operators and equipment designers to more easily and accurately test compressed digital media before it is transmitted and to improve content delivery over traditional methods. Vqual's compressed video analysis technology, combined with Tektronix' transport stream and baseband technology, will deliver market-leading content analysis technology for customers all along the continuum in this emerging market.
Vqual, founded in 2002, has worked closely with Tektronix for the past year and recently introduced the first fully automated content analysis solution for file-based, MPEG compressed video for customers throughout the broadcast chain. Tektronix anticipates that the acquisition will accelerate the delivery of products and solutions for broadcast customers seeking to implement advanced content analysis solutions.
Tektronix acquired Vqual for approximately $7 million plus an earn out contingent on certain conditions in the purchase agreement. Vqual's 14 employees will join the company.
"We believe that combining Vqual with our Video Test business enables us to grow and enhance our leadership position in this market," said Todd Biddle, Vice President, Tektronix Video Product Line. "The acquisition of Vqual will enable Tektronix to offer its customers a complete suite of in-house compressed video analysis products. For more than a year, Vqual and Tektronix have had a successful relationship providing technology and expertise to thoroughly test compressed video quality. Now customers will benefit by getting this technology and expertise from one source."
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