On January 6, Ametek announced that it had acquired Teseq, a manufacturer of EMC test equipment. Teseq, a spinoff of Schaffner and based in Switzerland, in recent years acquired Milmega and IFI, both manufacturers of RF amplifiers used for EMC testing. Teseq was acquired by Ametek's Programmable Power division, but will operate under the EM Test business unit.
To find out more about why Ametek acquired Teseq and about future plans for the business. I spoke with Greg Senko, former president of Teseq and now director of North American sales at Ametek Compliance Test Solutions.
Martin Rowe: How did the Ametek acquisition come about?
Greg Senko: Teseq started by looking for a strategic partner, not necessarily an investor, about two years ago. We wanted a company that would add to Teseq's EMC capabilities, more than we could do on our own. We wanted a partner that could bring in more resources and greater financial backing with a strategy for growth.
Following the Teseq spinoff from Schaffner, we were able to grow the business both through new products and through acquisition of companies such as Milmega. That expanded our amplifier range to 6 GHz. We added IFI in 2012. That greatly expanded our range of EMI amplifiers from 10 kHz to 40 GHz. That let us penetrate the military EMC market.
MR: How will Teseq fit in with Ametek?
GS: Ametek likes to acquire companies that serve niche markets. Teseq is now part of the instrumentation division.
MR: Will the Teseq, Milmega, and IFI brand names remain intact?
GS: Yes, Ametek keeps the brands they acquire. Ametek Programmable Power grew from California Instruments to include Elgar, Sorensen, and Amrel.
MR: Now that Teseq is part of a larger organization, what would you like to see it do?
GS: We will certainly have more ties to the EM Test brand because we are under the EM Test Business Unit. We plan to add more engineers and deliver onsite calibration services. Having a larger operation will let us spend more time out of the office.
MR: What kind of service operations besides calibration do you expect to perform?
GS: We expect to offer repair services for the EM Test line of EMC testers. EM Test didn't have a service and repair organization in the US. We already repair Teseq products that are similar to EM Test products. We understand the technology and just need to learn the specifics of how the EM Test products work. We currently stock parts for the Teseq products in our New Jersey office, and we will add parts for EM Test products.
Ametek was supporting the EM Test factory in Switzerland from San Diego. That nine-hour time difference was too much. The New Jersey office is three hours closer, meaning our work days overlap. We will be able to ask questions and get answers from the factory on the same day.
MR: Where are Teseq products manufactured?
GS: Teseq products are also manufactured in Switzerland. That operation will continue to function as is does now. Teseq RF products such as EMC antennas, LISNs, and GTEM cells are manufactured in Germany. Milmega products such as amplifiers are manufactured in the UK, and IFI products are made in Ronkonkama, N.Y.
MR: What is the function of the New Jersey office?
GS: We stock parts, provide service, and provide some complete products off the shelf.