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To: Johnny Canuck who wrote (36740)	4/12/2002 5:12:03 AM
From: Johnny Canuck	Read Replies (1) \| Respond to of 68096

Tektronix Sees Opto Market Coming Back in 2004 By Melanie Reynolds, Electronics Weekly -- Electronic News, 4/8/2002 The optical industry will have to struggle on until at least 2004 before the market starts to come out of its slump, according to test and measurement company Tektronix Inc. "Once we get through [the slump] we believe the industry will get back to reasonable growth," said Jeff Dick, general manager of optical parametric test at Tektronix. "We reckon optical has 15 percent a year sustainable growth and we believe it will reach that in 2004, 2005." Dean Miles, business development manager at Beaverton, Ore.-based Tektronix, said that this was a cautious prediction. Tektronix’s customers have indicated they are expecting to start spending again in 2003 but the effect of this will take a while to trickle through. "Most of our customers are in [an] ‘ultra cautious’ mood," Miles said, "but there is a feeling the market is lifting. There is more confidence now than three to six months ago." As a mark of its confidence in the future, the company announced the acquisition of Profile Optische Systeme, a German optical component test company. "Tektronix has a commitment to come out of the downturn stronger," Dick said. "Now is the time to make investments and acquisitions." Dick described the purchase as a "demonstration of our commitment to the optical industry." Profile, which has 46 employees, 17 of which are in R&D, will be integrated into Tektronix’s optical business. Dick said Profile’s product range, which covers laser diode control, optical sources and polarization analysis, added to its own range without any overlap. The current product range will be maintained and will eventually be badged as Tektronix. The German company started operation in 1988 and has been profitable since 1992. Financial details of the transaction were not disclosed. e-insite.net [Harry: If they aren't testing then they are not deploying any new equipment. Deployments would be modest at best as carriers would try to use existing equipment. Given the trend to remote monitoring though, you have to think that they won't be any new build outs.]