Aeroflex Expands Baseband Test Capabilities with Strategic Acquisition of VI Technology
PLAINVIEW, NY-April 2, 2009- Aeroflex today announced it is expanding its communications test capabilities with the strategic acquisition of VI Technology, Inc., a leading provider of integrated baseband test solutions, specializing in audio, video and multi-media test.
"The acquisition of VI Technology is strategic as it strengthens our portfolio and enables us to more effectively meet a wider range of customer applications," said Len Borow, president and chief executive officer of Aeroflex. "VI Technology's baseband test solution provides significant complementary enhancements to our existing high-frequency RF and broadband test products. This synergy rounds out the spectrum for our communications test offering and solidifies Aeroflex's position as a leading global test solutions supplier."
Originally founded in 1991 to develop software drivers for measurement instruments, VI Technology quickly shifted its focus to the development of enterprise-wide automated baseband test solutions. The company combines high quality engineering services and industry-leading test and measurement products to deliver turnkey automated test solutions that solve complex product test problems in a variety of industries, including semiconductor, consumer electronics, communications, aerospace, energy and medical.
"We have established a reputation for increasing quality, reducing costs and speeding time-to-market of our customers' products through our integrated baseband test solutions, in particular our Multimedia Test System," said Alex Backus, CEO of VI Technology, Inc. "We are very pleased to be joining Aeroflex, because our solutions are a natural fit with their existing portfolio. Our considerable experience in integrated audio/video test solutions adds significant value for both current and potential customers."
About VI Technology, Inc., an Aeroflex Company
Since 1991, VI Technology (www.vi-tech.com) has increased companies' quality and productivity by delivering enterprise test solutions and services. VI Technology combines high quality engineering services and industry-leading test and measurement products-such as its award-winning Multimedia Test System (MMTS(TM)) and Arendar® enterprise software with third-party tools-to deliver a comprehensive enterprise test solution. VI Technology's solutions are engineered to solve company-wide test problems for the semiconductor, consumer electronics, communications, aerospace, energy and medical industries.
About Aeroflex
Aeroflex Incorporated is a global provider of high technology solutions to the aerospace, defense, cellular and broadband communications markets. The company's diverse technologies allow it to design, develop, manufacture and market a broad range of test, measurement and microelectronic products. Aeroflex Incorporated was founded in 1937 and today has more than 2,600 employees worldwide. Additional information concerning Aeroflex Incorporated can be found on the company's website: www.aeroflex.com.
For more information, contact:
Tarah Hartzler
McClenahan Bruer Communications
(503) 546-1014
tarah@mcbru.com
James E. De Broeck
Aeroflex Incorporated
(316) 522-4981
jim.debroeck@aeroflex.com
http://www.aeroflex.com/ats/products/prodfiles/news/04022009.pdf
