Spectracom Joins Tier 1 in Worldwide High-precision Timing and Synchronization Markets
(Business News & Technology News, 10 Sep 2007)
Spectracom Corp., a provider of synchronization products, has merged with Temex Sync, a designer and manufacturer of time and frequency products for worldwide markets. The two companies will market their products and systems under the Spectracom brand name in a global partnership that strengthens product lines, enhances the combined technology portfolio and increases worldwide presence.
Temex Sync is a subsidiary of the Orolia group, which brings together a number of cutting-edge technology companies developing and manufacturing high-precision time and frequency systems.
The combined operations of the new group, including Spectracom, positions Orolia as a Tier 1 vendor worldwide in the growing high-precision timing and synchronization market. Spectracom's product lines, channels and support also benefit from access to another Orolia company, Temex Time, which develops and markets low-cost Rubidium clocks and smart GPS-synchronized timing solutions.
"We are very excited to join forces with the Temex Sync team as it is an excellent match which will enable us to bring even better products and services to our customers and to build our business globally," said Lisa Withers, President and CEO of Spectracom. "We believe our strong position in US public safety markets and growth strategy in aerospace and defense will be greatly enhanced by the exceptional technology team at Temex Sync. Together our combined product line and local support will give us a competitive edge in Europe and other international markets."
Orolia Chairman and CEO, Jean-Yves Courtois said: "The synergy between these two successful companies means a step change for the global timing community which stands to benefit enormously from the technical depth and heritage of Spectracom and Temex Sync. We look forward to bringing these benefits to our customers the world over."
The new entity will be headquartered in Rochester, New York with a business unit in Les Ulis, close to Paris, France, where Temex Sync already has substantial sales in Europe and throughout the world.