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White Oak Partners Funds Auriga Measurement Systems' Fast-Track Development of Next Generation Test and Characterization Products
LOWELL, Massachusetts, January 8, 2007
Auriga Measurement Systems, LLC announced today that it has accepted additional funding from White Oak Partners, Inc. in order to develop and launch its next generation of products for RF microwave modeling, characterization and test industry customers. After achieving world-wide acceptance in its first two-years, Auriga is now refining its product suite to offer enhanced products that incorporate key features to protect their customers' capital equipment investment while maximizing their test capabilities.
"Our customers have been asking us for more tactical test and measurement solutions in the device modeling and RF microwave test space. We see untapped market potential and know we can leverage our experience to meet these new requests," said David P. Menzer, president of Auriga. Menzer continued, "We have a great relationship with White Oak Partners, so when we identified this opportunity, it made perfect sense to work with White Oak to help us fast-track this product-rollout."
"Auriga has identified several unique needs in their market space. With White Oak contributing new funds, we believe Auriga can accelerate their launch of new products, allowing them to stay ahead of the competition and continue to show their customers significant cost and time-savings," said William E. York - White Oak senior partner.
About Auriga Measurement Systems LLC
Auriga Measurement Systems is a manufacturer and service provider of custom automated test equipment and components. Auriga believes that the close link between measurement science and device physics is critical to improving the current state of device modeling, and that a sound understanding of the basic physics of current active devices is mandatory to the delivery of cutting-edge modeling, characterization and test-systems solutions. By providing improved test, characterization and modeling solutions for high-frequency, high-powered, complex RF microwave front-ends, Auriga's customers benefit from the Auriga team's more than 150-years experience of delivering time and cost-efficient solutions to the industry's leading RF/Microwave users. Auriga's lab and manufacturing facility is based in Lowell, Massachusetts, USA.
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About White Oak Partners, Inc.
White Oak Partners invests in small to mid-size established non-commodity manufacturing, value-added business service, and niche financial and insurance service companies. Since 2004, the Company has been investing the private capital of its partners. White Oak Partners employs a long-term investment philosophy and, unlike many institutional buyout funds, is not constrained by a narrow investment focus or defined exit strategy. White Oak is based in Granville, Ohio, USA.
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More about Auriga
More Press Releases from 2007:
Kingsley, N. et al., IEEE Journal of MEMS, Vol. 16, No. 5, Oct. 2007. Posted: November 26, 2007
Larry Smith, Auriga Measurement Systems, Microwave Journal, May 2007
Yusuke Tajima, PhD., Auriga Measurement Systems, Microwave Journal, May 2007
Mass High Tech: The Journal of New England Technology, January 19, 2007