What Teledyne LeCroy does

Teledyne LeCroy is a US-headquartered (Chestnut Ridge, NY) provider of electronic test and measurement solutions, operating as a wholly-owned subsidiary of Teledyne Technologies Incorporated (NYSE: TDY) since 2012. The company designs, manufactures, and supports high-performance oscilloscopes (WaveMaster 8000HD up to 65 GHz with 12-bit resolution, WavePro HD, LabMaster 10 Zi-A), protocol analyzers and exercisers for PCIe 6.0/CXL 3.x (Summit M64, M616, T516, M5x), USB and USB4/Thunderbolt (Voyager M480x, M4x, M310e), storage protocols over Ethernet and SAS (SierraNet M1288/M648, SAS Sierra), video standards (quantumdata M42de for DisplayPort 2.1, M41h for HDMI 8K), wireless protocols (Frontline X700 for Bluetooth, Wi-Fi 7, 802.15.4), and complementary electronic test equipment (spectrum analyzers, VNAs, arbitrary waveform generators, electronic loads, data acquisition). Its technology stack centers on proprietary software — CATC Trace for protocol analysis, MAUI Studio for remote oscilloscope operation, QualiPHY 2 for automated compliance testing, and CrossSync PHY for correlated electrical and protocol-layer analysis — and on the Austin Labs subsidiary, which provides independent authorized testing and training services.

The business operates an enterprise direct-sales model with regional offices in the Americas, Europe (Germany, UK, France, Italy), and Asia-Pacific (Japan, Korea, China, Taiwan), supplemented by channel partners, distributors, a rental program, and an online storefront. Revenue is generated across four streams: (1) hardware sales of instruments spanning entry-level to high-end professional price points, (2) software licenses and subscriptions (e.g., MAUI Studio Pro at $1,860 per year after a 30-day free trial, QualiPHY compliance suites, ProtoSync, LinkExpert), (3) professional services through Austin Labs (validation, compliance, interoperability, consulting, and standards certification including Matter), and (4) recurring support, calibration, and maintenance. Pricing on instruments is almost entirely quote-based. End customers include data center and hyperscaler operators, automotive OEMs and Tier-1 suppliers, FinTech infrastructure providers, embedded system developers, mil/aero/defense primes, consumer electronics and IoT manufacturers, and power conversion engineers. Recent product launches (2025–2026) target the highest-growth standards — DisplayPort 2.1, PCIe 6.0/CXL 3.x, ASA-ML automotive SerDes, Wi-Fi 7, and Bluetooth Higher Band — with named ecosystem alliances to Broadcom and Marvell, and a freshly acquired Connectivity Standards Alliance Authorized Test Lab designation for Matter.

Name

Teledyne LeCroy

Legal name

Teledyne LeCroy

Website

https://teledynelecroy.com

Company type

Private

Founded year

1964

Operating status

Operating

Headcount range

251–500 employees

Short description

Teledyne LeCroy, a subsidiary of Teledyne Technologies (NYSE: TDY), provides high-performance oscilloscopes, protocol analyzers, and compliance test solutions for PCIe, CXL, USB, DisplayPort, wireless, and storage standards, serving data center, automotive, FinTech, embedded, and aerospace customers globally.

Ownership category

akta.pro rank

Product category

Electronic Test and Measurement Equipment

NAICS

Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals (334515), Testing Laboratories and Services (54138)

SIC

Instruments For Meas & Testing Of Electricity & Elec Signals (3825), Industrial Instruments For Measurement, Display, And Control (3823), Services-Testing Laboratories (8734)

akta.pro primary industry

Test & Measurement Equipment (Oscilloscopes, DAQ, signal analyzers, calibration benches) (IMAGAFAC)

akta.pro secondary industry

Quality Engineering & Test Automation (QE/QA) (BPAEAFAJ)

Keywords

• Oscilloscope instruments
• Protocol analyzers
• Test measurement equipment
• Signal integrity analysis
• Compliance test software

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Technology or R&D, Personnel, Supply Chain, Operations, Marketing or Sales

Revenue model

1. Hardware Products: Sale of high-performance test equipment including oscilloscopes, protocol analyzers, signal generators, electronic loads, and modular data acquisition systems. Products range from entry-level to high-end professional instruments with varying price points based on performance specifications.
2. Software Licenses and Subscriptions: Software options and licenses for oscilloscopes including MAUI Studio Pro ($1,860), protocol analysis software, compliance test suites, and updates. Perpetual licenses and subscription models available.
3. Professional Services: Testing and training services including Austin Labs compliance testing, interoperability testing, validation services, consulting, and certification testing for Matter and other standards.
4. Support and Maintenance: Instrument repair, calibration, security features, and technical support services for existing customers.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

Teledyne LeCroy designs, manufactures, and sells high-performance electronic test and measurement instruments, including real-time oscilloscopes, protocol analyzers, signal integrity test solutions, and compliance test software supporting serial data standards such as PCIe, USB, DisplayPort, HDMI, Bluetooth, Wi-Fi, CXL, NVMe, Ethernet, and DDR memory. The company complements hardware sales with automated compliance software, remote analysis tools, and Austin Labs testing and training services.

Product overview

Teledyne LeCroy is a provider of test and measurement solutions for electronic design, development, and deployment. The portfolio includes a comprehensive range of oscilloscopes (WaveMaster 8000HD, WavePro HD, LabMaster 10 Zi-A), protocol analyzers for PCIe/CXL (Summit M64, M616, T516, M5x), USB (Voyager M480x, M4x, M310e), wireless (Frontline X700), storage (SierraNet M1288, M648, Eclipse M52, SAS Sierra), and video testing (quantumdata M42de, M41h), electronic test equipment (arbitrary waveform generators, data acquisition, digital multimeters, electronic loads, spectrum analyzers, vector network analyzers), modular data acquisition systems (14/12/10-bit digitizers), sensors and calibrators (torque sensors, load cells, valve testing), software solutions (QualiPHY 2, ProtoSync, MAUI Studio, LinkExpert, DPT-Automation), and services (Austin Labs testing and training). Products are sold through direct channels and via the Teledyne LeCroy store, with Xena Networks Ethernet traffic generators distributed through the partnership. The company serves aerospace, defense, semiconductor, automotive, consumer electronics, data center, and financial technology industries.

Differentiator

Problem solved

Functional benefit

Brands

• MAUI Studio: Remote and offline PC analysis software for oscilloscopes
• QualiPHY
• CATC Trace
• CrossSync PHY
• Summit
• WaveMaster
• Frontline
• Austin Labs

Products and services

• WaveMaster 8000HD Oscilloscopes High-performance oscilloscopes offering up to 65 GHz bandwidth with 12-bit resolution, 320 GS/s sampling rate, and up to 8 Gpts acquisition memory, designed for engineering tasks requiring precise signal analysis.
• WavePro HD Oscilloscopes Oscilloscopes with up to 5 Gpt acquisition memory providing extended visibility into system behavior and advanced analysis capabilities.
• LabMaster 10 Zi-A Oscilloscopes High-bandwidth oscilloscopes from 20 GHz to 65 GHz with 20-core processor, up to 192 GB RAM, and Multi-Lane Compliance Test Architecture for faster HDMI 2.1 and DisplayPort 2.0 compliance testing.
• Summit M64 Protocol Analyzer Protocol analyzer for testing PCIe 6.x and CXL 3.x I/O-based applications including server, workstation, desktop, graphics, storage, AI, and network card applications.
• Summit M616 Protocol Analyzer / Exerciser Next-generation PCIe 6.0 and CXL 3.x protocol analyzer and exerciser for high-speed computing and networking applications with full bidirectional support up to 64 GT/s.
• Summit T516 Protocol Analyzer PCIe 5.0 and CXL protocol analyzer supporting speeds up to 32 GT/s with capture of x1-x16 links and up to 256 GB trace memory.
• Voyager M480x USB4 Protocol Analyzer USB4 protocol analyzer with full support for capturing USB4 80Gb/s Gen 4 (PAM3), Gen 3, Gen 2, plus legacy USB and Power Delivery for end-to-end host, hub, and device operation analysis.
• Frontline X700 Wireless Protocol Analyzer Wideband wireless protocol analyzer supporting simultaneous capture of 880 MHz bandwidth across 2.4 GHz ISM band and 5/6 GHz UNII bands for Bluetooth, Wi-Fi, and 802.15.4 protocols.
• SierraNet M1288 Protocol Analyzer / Jammer Storage protocol analyzer for Ethernet and Fibre Channel including NVMe-oF, NFS, SMB, and iSCSI, supporting interoperability and performance testing.
• quantumdata M42de DisplayPort 2.1 Analyzer/Generator 80 Gbps DisplayPort video analyzer/generator for DisplayPort 2.0/2.1 testing with comprehensive compliance testing and diagnostic capabilities, including VESA DisplayPort Automotive Extension support.
• OakGate SSD Test Appliances Scalable test systems for testing and debugging solid-state drives across all popular storage interfaces and protocols, powered by SVF/Enduro test software.
• Xena Z1608 Edun Ethernet Traffic Generator Ethernet traffic generator for terabit Ethernet networking solutions delivering ease-of-use, performance, and flexibility in a scalable, lab-friendly form factor.
• WavePulser 40iX Interconnect Analyzer High-speed interconnect analyzer combining S-parameters and impedance profiles in a single acquisition for unmatched characterization insight.
• QualiPHY 2 Compliance Test Software

Segments7 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

Feature10 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Ethernet AlliancecoreStrategic or Co-development Partner · 3 March 2026Teledyne LeCroy is a member company of Ethernet Alliance, participating in multi-vendor interoperability demo at OFC 2026 showcasing Ethernet evolution for AI workloads and terabit-speed data center growth.
• VESA (Video Electronics Standards Association)coreTechnology or Integration · 6 January 2026VESA released DisplayPort Automotive Extension v1.1 specification. Teledyne LeCroy added VESA DP AE support to its quantumdata M42de system, enabling functional safety compliance testing for automotive displays meeting ISO 26262 standards.
• Connectivity Standards AlliancecoreStrategic or Co-development Partner · 20 November 2025Teledyne LeCroy's Austin Labs recognized as Authorized Test Lab for Matter smart home standard, providing certification testing in US and Europe to support manufacturers in certifying products.
• OpenGMSL AssociationminorStrategic or Co-development Partner · 3 June 2025Teledyne LeCroy participates in OpenGMSL Association formed by automotive OEMs, Tier-1 suppliers, and semiconductor manufacturers to establish open standard for GMSL video and high-speed data transmission in vehicles.
• BroadcomcoreTechnology or Integration · 25 February 2025Broadcom tested end-to-end PCIe Gen 6 setup with Teledyne LeCroy protocol analyzing equipment as ecosystem partner, demonstrating interoperability across the PCIe Gen 6 ecosystem for AI storage applications. Teledyne LeCroy serves as ecosystem partner in Broadcom's PEX 90144 PCIe Gen 6 switch development.
• MarvellcoreTechnology or Integration · 25 July 2024Marvell Teralynx 10 51.2T Ethernet switch ecosystem partners include Teledyne LeCroy Xena for testing, interoperability validation, and system integration supporting AI cloud data center infrastructure deployments.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Keysight Technologies: Keysight is the largest pure-play electronic test and measurement company, offering oscilloscopes, protocol analyzers, and compliance software that directly compete with Teledyne LeCroy across the same high-speed serial data and RF customer base.
• Tektronix (Fortive): Tektronix is a direct competitor in oscilloscopes, protocol analysis, and signal integrity, and shares the same semiconductor, automotive, and aerospace test customers as Teledyne LeCroy.
• Rohde & Schwarz: Rohde & Schwarz competes head-to-head in oscilloscopes, spectrum and network analysis, and wireless compliance test, overlapping with Teledyne LeCroy's protocol analyzer and wireless test offerings.
• Anritsu: Anritsu is a peer in electronic test and measurement with particular strength in high-speed serial data, optical, and wireless test, serving many of the same telecom, data center, and semiconductor customers.
• Yokogawa Electric: Yokogawa's test and measurement division produces oscilloscoscopes, power analyzers, and data acquisition systems that overlap with Teledyne LeCroy's electronic test equipment portfolio.
• Spirent Communications: Spirent is a direct peer in protocol test and validation for Ethernet, PCIe, and storage networks, serving the same hyperscaler, NEM, and FinTech customer base as Teledyne LeCroy.
• VIAVI Solutions: VIAVI competes in network protocol test, fiber/optical validation, and wireless test, intersecting with Teledyne LeCroy's Ethernet, storage, and wireless protocol analysis lines.
• LitePoint (Teradyne): LitePoint is a direct peer in wireless test solutions, with comparable Bluetooth and Wi-Fi test platforms used by the same consumer electronics and IoT customers that Teledyne LeCroy addresses via Frontline.

Broad incumbents

• National Instruments (Emerson): National Instruments is a broad incumbent in modular instrumentation and automated test, with overlapping oscilloscope, data acquisition, and PXI-based test offerings for similar engineering customers.

Regional players

• Advantest: Advantest is a Japanese ATE leader with growing exposure to high-speed serial and protocol test, sharing automotive and semiconductor customers with Teledyne LeCroy but primarily serving the Asia-Pacific region.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/teledynelecroy
• Facebookfacebook.com/teledynelecroy
• LinkedInlinkedin.com/company/10007

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Teledyne LeCroy