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Tektronix to Buy Minacom

The pact is worth $27 million.
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Tektronix

(TEK)

, a provider of testing and measurement products for the communications and semiconductor industries, agreed to acquire Minacom for about $27 million.

Minacom offers test systems used by telecommunications carriers, cable operators, and wireless and VoIP providers. The company is based in Montreal.

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The transaction should close within 30 days. Tektronix said the deal will be immaterial to its financial results for the fiscal year.