In May 2012, LeCroy Corporation was acquired by Teledyne and continues to operate as a wholly owned subsidiary of Teledyne. LeCroy Corporation operates as one business segment in the Test and Measurement Instrument market. Using its core competency of WaveShape Analysis, defined as the capture and analysis of complex electronic signals, the Company develops, manufactures, sells and licenses signal acquisition and analysis products. Its principal product line consists of a family of high-performance digital oscilloscopes used primarily by electrical design engineers in various markets, including communications test, data storage and power measurement. The Company also produces modular digitizers and various electronic components. In addition, the Company offers a full range of aftermarket service and support for all of its products.
