LTX

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LTX Corporation

Type	Public (NASDAQ: LTXX)
Founded	1976
Headquarters	Norwood, MA, USA
Industry	Electronics
Products	Automatic Test Equipment
Employees	436
Website	www.ltx.com

LTX (NASDAQ: LTXX) is a semiconductor Automatic Test Equipment (ATE) vendor, founded in 1976 and headquartered in Norwood, MA (Greater Boston area). Annual sales for the fiscal year ending July 31, 2007, were approximately $147.6MM, and, as of that date, the company had 436 direct employees.^[1]

The present focus of the company is the design and development of ATE for the semiconductor marketplace, but it distinguished itself in the early days as a provider of functional and parametric testers for discrete component RF products. Even today, LTX retains that heritage by offering Fusion, a test platform capable of testing a mixed signal (analog & digital) device.

[edit] History

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Please help improve this article by adding reliable references. Unsourced material may be challenged and removed. (July 2007)

LTX was founded by Graham Miller, Roger Blethen (current chairman of the board), et al. All of the founders left nearby competitor, Teradyne. Although never verified, corporate lore holds that the name LTX was an abbreviation for the clarion call of its founders: "Leave Teradyne by Christmas (Xmas)" or possibly "Left Teradyne at Christmas." Still others insist that LTX stands for "Linear Test eXcellence", "Linear Test eXperts", or is simply an abbreviation of the word "Electronics". Today, LTX, has offices throughout the world.