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Frost & Sullivan Recognizes Teledyne LeCroy for Its Technology Leadership in the Global Oscilloscopes Market
Date:8/12/2013

MOUNTAIN VIEW, Calif., Aug. 12, 2013 /PRNewswire/ -- Based on its recent analysis of the global digital oscilloscopes market, Frost & Sullivan recognizes Teledyne LeCroy (formerly LeCroy Corporation) with the 2013 Global Frost & Sullivan Award for Technology Leadership. Teledyne LeCroy's innovative spirit and technological superiority are revealed in three major achievements on the technological front. First, the company is currently shipping the real-time oscilloscope with the highest bandwidth (65 GHz). Next, Teledyne LeCroy was first to introduce 12-bit high-resolution oscilloscopes, and most recently, the company demonstrated a 100 GHz oscilloscope signal acquisition. Acquired by Teledyne Technologies, Inc. in mid-2012, the company is expected to leverage the strong financial resources and R&D knowledge of its parent company to reach further heights.

"Staying at the forefront of the technology curve is critical for survival and growth in the global oscilloscopes market," observed Frost & Sullivan Industry Director Jessy Cavazos. "Bandwidth is the banner specification for real-time oscilloscopes and Teledyne LeCroy has offered the highest in the industry for the past four years introducing 30 GHz in 2009, 45 GHz in 2010, 60 GHz in 2011, and 65 GHz since 2012."

Teledyne LeCroy's commitment to R&D and its ability to successfully apply the resulting technology advances to innovative product development is reflected in its growth. Teledyne LeCroy experienced over 35 percent growth from 2009 to 2010, over 25 percent growth from 2010 to 2011, and maintained its revenues in 2012 when the overall market registered a decline of over 12 percent.

"We are proud that our ability to introduce technologically advanced products ahead of industry adoption has been recognized," said Tom Reslewic, Chief Executi
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SOURCE Frost & Sullivan
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