Orolia Acquires T&M Instrumentation Leader Pendulum Instruments

(Business News & Technology News, 24 Mar 2008)

Orolia, a precision electronics technology group specializing in high-precision time-and-frequency generation and distribution, has acquired Stockholm-based Pendulum Instruments, one of the leaders in the field of time-and-frequency calibration, measurement and analysis.

This acquisition extends the technical competencies and market reach of Orolia to a third area of expertise: the measurement of high-precision time-and-frequency signals. In addition to new market access for this important technology and as an integral part of Orolia's strategy to establish product leadership in key industries, this acquisition allows the group to expand its geographical presence in the fast-growing economies of Eastern Europe, Russia and China.

Pendulum Instruments, headquartered in Sweden with offices and subsidiaries in China, Russia, and the United States, serves the electronics, communications, metrology and military markets with a product portfolio of frequency counters, frequency standards, frequency distribution systems, and wireless test equipment.

As a complementary fit to Orolia's existing time-and-frequency businesses, which comprise T4 Science, SpectraTime and Spectracom, the acquisition of Pendulum Instruments allows the companies to mutually benefit from global distribution channels, vertical integration of key system components and local support.

In line with the decentralized management culture of Orolia, Pendulum Instruments and its subsidiaries will continue to operate under their own brand and under the leadership of their current management team.

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