US-based Fluke Corp acquires TTL Technologies Pvt Ltd

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Announcement Corporate
Last Updated : Jan 20 2013 | 2:56 AM IST

TTL sales, service and staff complement Fluke technology, solidifying Fluke as a leader of the Indian test and measurement market and positioning it for future growth

Fluke Corporation, the global leader in portable electronic test and measurement technology, today announced that it has acquired TTL Technologies Pvt. Ltd., for an undisclosed amount. TTL has represented Fluke in India since 2001 as a master distributor. The new business combines TTL’s many years of experience in the Indian test and measurement market, its national distribution network and its renowned customer care and accredited calibration labs with Fluke technological innovation, manufacturing excellence and world class business processes. TTL businesses and employees will be integrated into the Fluke organization.

Fluke products are used throughout Indian transportation, defense and manufacturing industries, spanning natural gas to power generation, transmission and distribution, railways, basic metals, pharmaceutical, automotive, capital goods and electronics R&D, as well as the major calibration labs.

“We are excited to welcome TTL to the Fluke family,” said Peter Van Den Broek, President Emerging Markets, Fluke Corporation. “TTL has been a great partner and now together we will substantially increase our overall customer offering. This agreement reinforces our commitment to our customers in India and positions us for rapid growth in an important market.”

“TTL’s acquisition by Fluke is a huge step forward. We will utilize this new strength to widen and deepen our reach to customers across India, creating tremendous excitement and growth,” said Joey Joseph, CEO & Managing Director, TTL Technologies. “Customers can look forward to a higher level of access to Fluke technology and support.”

TTL businesses and employees will be integrated into the Fluke organization. There are no plans for changes in staffing or facility locations. “Our top priority is our customers and meeting their needs,” said Van Den Broek. “Our goal is for the transition to be as seamless as possible.”

 

 

 

 

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First Published: Jan 24 2012 | 5:48 PM IST

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