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Tuesday, December 4, 2007

Richardson-based ASSET InterTech acquires Irish technology company

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ASSET InterTech, Inc. has acquired International Test Technologies of County Donegal, Ireland, a supplier of processor emulation technology used by electronics manufacturers. ASSET provides boundary-scan (aka IEEE 1149.1 or JTAG) systems for test, in-system programming (ISP) and design-for-test (DFT), as well as for advanced embedded instrumentation applications involving signal integrity analysis, bit error ratio testing (BERT), pattern generation testing and others.

As of press time, it was unclear what ASSET's other two wishes were

Photo not provided by ASSET InterTech

As of press time, it was unclear what ASSET's other two wishes were

ASSET and ITT have had a strategic arrangement for the last three years, during which time the two companies have worked together on product development and marketing activities.

“The synergy that we have developed over the last three years has genuinely benefited our users and each of our two companies,” said Glenn Woppman, president and CEO of ASSET. “With our integrated product platform, we’ve been able to offer users more test coverage than they could achieve with either ScanWorks or ITT’s microMaster on its own. Now, as we move forward as one company, we will take the expertise we’ve acquired together and apply it in emerging areas like embedded test functionality and instrumentation, as well as design validation of high-speed serial buses. In a certain sense, ITT’s processor-based emulation functionality is another type of embedded instrumentation technology.”

The terms of the acquisition agreement between ASSET and ITT were not disclosed.

Source: ASSET InterTech


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