Two Test and Measurement giants have "much to gain from each other."
Leader and PHABRIX will continue with existing product lines and development plans, joining forces to expand sales presence worldwide.
Leader Electronics manufacturer of high-end Test and Measurement solutions, announced it has acquired UK-based, global manufacturer of video and audio broadcast Test and Measurement instruments, PHABRIX.
PHABRIX established itself as a worldwide leader of innovative, cost effective, test and measurement instruments since it was formed in 2005. PHABRIX employs a dedicated team of R&D, Sales, Manufacturing, Support, and Administration personnel, operating from its UK headquarters. Phillip Adams, Managing Director, PHABRIX, said, “PHABRIX is delighted to join the growing Leader team."
"Both companies have much to gain from each other; both putting design and engineering expertise at the heart of development. With our combined talent and complementary product lines, together with a greater geographical reach, it’s going to be a very exciting future for staff, customers and our global distribution partners,” Adams continued.
Kozo Nagao, CEO at Leader Electronics Corporation said, “With our rapidly evolving industry, it’s important to future-proof our product development capabilities. Uniting PHABRIX’s and Leader’s talented development teams provides the increased momentum required to address the changing landscape of customer needs."
"PHABRIX brings to Leader extensive IP, HDR and UHD knowledge and a highly competitive portfolio of handheld and rack-mounted instruments. We look forward to learning from one another as we look to maximize our growth and our global presence in the competitive Test and Measurement industry,” Nagao said.
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