Microchip Technology MCHP recently announced the acquisition of Tekron International Limited to augment its offerings under the Frequency and Timing Systems business division. The terms of the deal are confidential. Mills said both corporations had a history of successfully developing and releasing specialized products that fulfill highly demanding functions. CHANDLER, Ariz., Oct. 02, 2020 (GLOBE NEWSWIRE) -- Microchip Technology Inc. (Nasdaq: MCHP) today announced the acquisition of Tekron International Limited, a global leader in providing high-precision GPS and atomic clock time-keeping technologies and solutions for the smart grid and other industrial applications. Address: Tekron International Limited L1, 47 The Esplanade Lower Hutt 5012, New Zealand Tekron International Limited PO Box 38185 Lower Hutt 5045, New Zealand USA/Canada: 1 800 256 2309 UK: + 44 207 862 1707 Australia (Toll Free): 1 800 506 311 . The startup also made its products applicable to a wider range of industries. In the fiscal first quarter of 2021, Microchip generated $1.3 billion in revenue despite the coronavirus pandemic’s ongoing impact. CHANDLER, Ariz., Oct. 02, 2020 (GLOBE NEWSWIRE) -- Microchip Technology Inc. (Nasdaq: MCHP) today announced the acquisition of Tekron International Limited, a global leader in providing high-precision GPS and atomic clock time-keeping technologies and solutions for … Address: Tekron International Limited L1, 47 The Esplanade Lower Hutt 5012, New Zealand Tekron International Limited PO Box 38185 Lower Hutt 5045, New Zealand Microchip Technology announces acquisition of Tekron International Limited, Intel lands US Defense Department advanced semiconductor packaging development contract, iOS 14 is draining iPhone batteries and consumers aren’t happy, GlobalFoundries to spend $1.4 billion to expand production capacity at three factories, Report: TSMC to increase spending on Arizona chip factory to $35 billion, PC-based GPU shipments increased by 29 percent annual in Q4 2020. Microchip Acquires Tekron International Limited Company extends its synchronization and timing portfolio with Tekron’s complementary solutions … USA/Canada: 1 800 256 2309 UK: + 44 207 862 1707 Australia (Toll Free): 1 800 506 311 . CHANDLER, Ariz., Oct. 02, 2020 (GLOBE NEWSWIRE) -- Microchip Technology Inc. (Nasdaq: MCHP) today announced the acquisition of Tekron International Limited, a global leader in providing high-precision GPS and atomic clock time-keeping technologies and solutions for the smart grid and other industrial applications. Tekron also offers custom design solutions to meet the specific needs of their customers. USA/Canada: 1 800 256 2309 UK: + 44 207 862 1707 Australia (Toll Free): 1 800 506 311 . Because timing is everything | Industrial networks need precision timing to accurately track events and make sure everything runs smoothly. 5 were here. International Numbers. Following its domestic success, the firm quickly expanded overseas and made its products available in over 70 countries. Founded in 2002 in Wellington, New Zealand, Tekron has solved key challenges including providing precision time stamping for advanced substation automation applications; ensuring Network Time Protocol (NTP) reliability and security over computer networks; maintaining continuous time sync operation for transmission and distribution system operators; and implementing IEEE ® 1588V2 … Tekron International, a leading developer of precision timing products, today announced that the fiscal year 2011 – 2012 was a stellar year for the company; with Year on Year revenue growth of 100%. As its footprint grew larger, Tekron’s engineers worked to build out its lineup. CHANDLER, Ariz., Oct. 02, 2020 (GLOBE NEWSWIRE) -- Microchip Technology Inc. (Nasdaq: MCHP) today announced the acquisition of Tekron International Limited, a global leader in providing high-precision GPS and atomic clock time-keeping technologies and solutions for the smart grid and other industrial applications. Based on statements made in its media announcement, Microchip will completely absorb Tekron, its portfolio, and staff. CHANDLER, Ariz., Oct. 2, 2020 — Microchip Technology Inc. (Nasdaq: MCHP) today announced the acquisition of Tekron International Limited, a global leader in providing high-precision GPS and atomic clock time-keeping technologies and solutions for the smart grid and other industrial applications. Microchip Technology MCHP recently announced the acquisition of Tekron International Limited to augment its offerings under the Frequency and Timing Systems business division. Tekron records 100% revenue growth - develops new clocks for telecommunications. One of our sales representative will call you soon. Microchip Technology announced it acquired Wellington, New Zealand-based startup Tekron International Limited last Friday. CHANDLER, Ariz., Oct. 2, 2020 — Microchip Technology Inc. (Nasdaq: MCHP) today announced the acquisition of Tekron International Limited, a global leader in providing high-precision GPS and atomic clock time-keeping technologies and solutions for the smart grid and other industrial applications. International Numbers. USA/Canada: 1 800 256 2309 UK: + 44 207 862 1707 Australia (Toll Free): 1 800 506 311 . TEKRON INTERNATIONAL LIMITED has 12 employees at this location and generates $2.96 million in sales (USD). Company profile ... Revenue Age Employees Industry Contacts; Energy and Resource Solutions--11-50: CHANDLER, Ariz., Oct. 02, 2020 (GLOBE NEWSWIRE) -- Microchip Technology Inc. (Nasdaq: MCHP) today announced the acquisition of Tekron International Limited, a global leader in providing high-precision GPS and atomic clock time-keeping technologies and solutions for the smart grid and other industrial applications. You have entered an incorrect email address! © 2020 Sourceability LLC. Randy Brudzinski, VP of Microchip’s Frequency and Timing Systems division, said his firm plans to deploy its new subsidiaries technology in a range of sectors. Address: Tekron International Limited L1, 47 The Esplanade Lower Hutt 5012, New Zealand Tekron International Limited PO Box 38185 Lower Hutt 5045, New Zealand By submitting this form you are acknowledging that you have read and understood our As an independent firm, it sold synchronization solutions to corporations operating in the power, industrial, enterprise, security, and telecom sectors. To get started, enter your email address. You can find his tech stories right here on The Burn-In. CHANDLER, Ariz., Oct. 02, 2020 (GLOBE NEWSWIRE) -- Microchip Technology Inc. (Nasdaq: MCHP) today announced the acquisition of Tekron International Limited, a … USA/Canada: 1 800 256 2309 UK: + 44 207 862 1707 Australia (Toll Free): 1 800 506 311 . The terms of the deal are confidential. He also commented that the timing device startup had made inroads in industries Microchip is eager to pursue, like renewable energy. Company extends its synchronization and timing portfolio with Tekron’s complementary solutions that have been adopted by power utilities worldwideCHANDLER, Ariz., Oct. 02, 2020 (GLOBE NEWSWIRE) -- Microchip Technology Inc. (Nasdaq: MCHP) today announced the acquisition of Tekron International Limited, a global leader in providing high-precision GPS and atomic clock time-keeping … aka Telepresence Robotics Corp. We build the Robot. Tekron International's proven sense of good timing came to the fore with the state-of-the-art clock company named overall winner of the Wellington Region Business Excellence Awards on Friday evening. You build the App.™. Address: Tekron International Limited L1, 47 The Esplanade Lower Hutt 5012, New Zealand Tekron International Limited PO Box 38185 Lower Hutt 5045, New Zealand Before being bought out, Tekron specialized in manufacturing GPS and precision timing devices. Microchip Acquires Tekron International Limited Microchip Technology Incorporated October 2, 2020 GMT CHANDLER, Ariz., Oct. 02, 2020 (GLOBE NEWSWIRE) -- Microchip Technology Inc. (Nasdaq: MCHP) today announced the acquisition of Tekron International Limited, a global leader in providing high-precision GPS and atomic clock time-keeping technologies and solutions for the smart … CHANDLER, Ariz., Oct. 02, 2020 (GLOBE NEWSWIRE) -- Microchip Technology Inc. ( MCHP) today announced the acquisition of Tekron International Limited, a global leader in providing high-precision GPS and atomic clock time-keeping technologies and solutions for the smart grid and other industrial applications. The Burn-In is an interactive hub for tech enthusiasts featuring the latest news, product updates, and upcoming announcements from within the tech industry. Founded in 2002 in Wellington, New Zealand, Tekron has solved key challenges including providing precision time stamping for advanced substation automation applications; ensuring … What is Tekron International’s Revenue? Private limited by guarantee without share capital exempt from using "limited" Private unlimited with share capital Public limited with share capital ... Tekron International Manufacturing T. Company Profile Employees. Get direct emails & phone numbers for senior executives working at «Tekron International», Build your list of contacts and filter them by job title seniority level, age nationality and export the list to XL, Salesforce or via API, TRC Robotics [WE'RE HIRING!] In a press release, Microchip explained it acquired Tekron because it wants to establish a presence within the synchronization and timing market. Tekron International | 574 followers on LinkedIn. Microchip Acquires Tekron International Limited: CHANDLER, Ariz., Oct. 02, 2020 (GLOBE NEWSWIRE) -- Microchip Technology Inc. (Nasdaq: MCHP) today announced the acquisition of Tekron International Limited, a global leader in providing high-precision GPS and atomic clock time-keeping technologies and solutions for the smart grid and other industrial applications. We make network timing solutions used and trusted in more than 70 countries. Mario has written for Bank of America, CBS, Chase Financial, and Time Warner Communications (to name a few). Established in 2002, Tekron introduced itself to the world with the TCG01 timing generator. In the fiscal first quarter of 2021, Microchip generated $1.3 billion in revenue despite the coronavirus pandemic’s ongoing impact. International Numbers. Local consumers found the affordable atomic clock – which supports GPS and GLONASS platforms – highly appealing. This is a premium filter which isn't included in your current Global Database plan. Tekron International’s revenue is $5 Million This is a premium feature. The terms of the deal are confidential. USA/Canada: 1 800 256 2309 UK: + 44 207 862 1707 Australia (Toll Free): 1 800 506 311 . Microchip Technology announced it acquired Wellington, New Zealand-based startup Tekron International Limited last Friday. Its pre-acquisition catalog included satellite timing devices, miniature atomic clocks, multiport network time servers, and PTP translators. The terms of the deal are confidential. You build the App.™--11-50: Manufacturing -Marley Engineered Products--11-50: Manufacturing -Shat-R-Shield, Inc.--11-50 Mario McKellop is a Staff Writer for The Burn-In. Privacy Policy. In addition to his love for all things tech, he loves a good meme, a trending story with plenty of irony, and all things energy drink related. The terms of the deal are confidential. The terms of the deal are confidential. Microchip Acquires Tekron International Limited: CHANDLER, Ariz., Oct. 02, 2020 (GLOBE NEWSWIRE) -- Microchip Technology Inc. (Nasdaq: MCHP) today announced the acquisition of Tekron International Limited, a global leader in providing high-precision GPS and atomic clock time-keeping technologies and solutions for the smart grid and other industrial applications. Neither company revealed the financial terms or timeline of their merger. Microchip acquires Tekron International Limited Microchip Technology is acquiring New Zealand-based Tekron International Limited, a provider of high-precision GPS and atomic clock time-keeping technologies and solutions for the smart grid and other industrial applications. New Zealand-based Tekron was established in 2002 and is headquartered in Wellington. Neither company revealed the financial terms or timeline of their merger. Before being bought out, Tekron specialized in manufacturing GPS and precision timing devices. Ian Mills, the outgoing Chairman of Tekron’s board, identified a few reasons why the semiconductor firm bought his company. The … - PR11876189 By purchasing an innovative vendor within the space, the company will be able to accelerate its roadmap. Company extends its synchronization and timing portfolio with Tekron’s complementary solutions that.. • Press Releases • One News Page: Friday, 2 October 2020 Revenue Age Employees Industry Contacts; Energy and Resource Solutions--11-50: Manufacturing -TRC Robotics [WE'RE HIRING!] Save my name, email, and website in this browser for the next time I comment. With Tekron’s products in its portfolio and the semiconductor sector recovering from the global health crisis, the corporation … Click below to learn more. Industry Information TEKRON INTERNATIONAL LIMITED is located in Lower Hutt, WELLINGTON, New Zealand and is part of the Electronic Test & Measurement Instruments Manufacturing Industry. With Tekron’s products in its portfolio and the semiconductor sector recovering from the global health crisis, the corporation should experience some meaningful near-term growth. He noted the chipmaker would offer Tekron’s products to financial, data center, industrial, and communications clients. Free Trial. CHANDLER, Ariz., Oct. 02, 2020 (GLOBE NEWSWIRE) -- Microchip Technology Inc. (Nasdaq: MCHP) today announced the acquisition of Tekron International Limited, a global leader in providing high-precision GPS and atomic clock time-keeping technologies and solutions for the smart grid and other industrial applications. The terms of the deal are confidential. CHANDLER, Ariz., Oct. 02, 2020 (GLOBE NEWSWIRE) -- Microchip Technology Inc. (Nasdaq: MCHP) today announced the acquisition of Tekron International Limited, a … The Philippines clock would bring about US$1.1million of revenue into the business. The terms of the deal have not been disclosed yet by either of the companies. Tekron was awarded the "Global Gold" award at 2018 Wellington Gold … Address: Tekron International Limited L1, 47 The Esplanade Lower Hutt 5012, New Zealand Tekron International Limited PO Box 38185 Lower Hutt 5045, New Zealand International Numbers. aka Telepresence Robotics Corp. We build the Robot. International Numbers. Address: Tekron International Limited L1, 47 The Esplanade Lower Hutt 5012, New Zealand Tekron International Limited PO Box 38185 Lower Hutt 5045, New Zealand International Numbers. Revenue is expected to grow in the low-single-digit percentage range, while the current FactSet revenue consensus of $80.4 billion implies 1.0% … All rights reserved. Posted by Billy Xiong Posted on October 4, 2020 Leave a Comment on Billy Xiong Affirms: Microchip Acquires Tekron International Limited Company extends its synchronization and timing portfolio with Tekron’s complementary solutions that have been adopted by power utilities worldwide
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