Formerly |
|
---|---|
Industry | Technology |
Founded | 1959Burlington, Massachusetts, United States | in
Founders |
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Defunct | 2005 |
Fate | Acquired by JDS Uniphase |
Number of employees | 3,156 (1992, peak)[1] |
Parent | Clayton, Dubilier & Rice (1997–2005) |
Dynatech Corporation, originally Microtech Research Corporation, was an American technology corporation originally based in Burlington, Massachusetts, that owned a wide variety of manufacturing subsidiaries across multiple industries, including biomedical equipment, video and broadcast hardware and software, scientific instrumentation, and telecommunications testing, among others.[2]: 194 It was founded by 1959 by a pair of MIT researchers and soon grew into a multifaceted corporation, helped along by dozens of acquisitions of small niche manufacturers across the United States. At its peak in the early 1990s, the company posted over $500 million in sales, largely generated from its video and telecommunications businesses. Following poor performance in the mid-1990s, the company divested many of its redundant businesses, culminating in its purchase by a private equity company in 1997. In 2000, it began trading as Acterna Corporation. The company was acquired by JDS Uniphase in 2005 and folded.
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