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Santec Corporation has acquired JGR Optics and OptoTest Corp.
The two companies will become Santec's wholly-owned subsidiaries while continuing to operate under their existing brands.
Under the terms of the acquisition, the leadership of JGR and OptoTest both pledged to continue their respective businesses in order to focus on increasing revenue under the Santec umbrella. JGR Optics and OptoTest are suppliers of fiber optic testing solutions for measuring the insertion and return loss of cable assemblies and components, providing Santec with an entry point into this market.
Mototaka Tei, CEO of Santec Corp, said: "We are very pleased to enter the fiber test market through the acquisition of JGR Optics and OptoTest. The two companies are providing high-performance return loss, insertion loss and polarity measurement systems, as well as optical switches to fiber optic cable assemblies and We have a good track record in component production. Through this acquisition, we have expanded our footprint in the growing fiber optic production equipment market. Both JGR and OptoTest have Santec’s complementary technologies. The acquisition not only allows us to expand in adjacent markets Business and enables us to expand our product offering by integrating their technology into Santec’s products and solutions.
A statement to customers on behalf of the OptoTest leadership team said: "We are pleased to announce that OptoTest has been acquired by Santec Corporation, a company specializing in micro-optics, advanced optical equipment, tunable lasers, and optical test and measurement. OptoTest will become Santec Corporation is a wholly-owned subsidiary and will continue to operate under its existing brand for the foreseeable future.
In general, Santec and OptoTest complement each other with diversified expertise to provide reliable and accurate products while maintaining excellent customer support.
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