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Founded Year

1995

Stage

Acquired | Acquired

Total Raised

$5.84M

About ASSET InterTech

ASSET InterTech is a supplier to the electronics industry of tools based on embedded instrumentation. Its ScanWorks platform overcomes the limitations of external test and measurement equipment by applying instrumentation embedded in semiconductors to perform chip and circuit board debug, design validation, manufacturing test, and field support. On August 24th, 2021, ASSET InterTech was acquired by Volaris Group. Terms of the transaction were not disclosed.

Headquarters Location

7161 Bishop Rd Suite 250

Plano, Texas, 75024,

United States

888-694-6250

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Expert Collections containing ASSET InterTech

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

ASSET InterTech is included in 1 Expert Collection, including Semiconductors, Chips, and Advanced Electronics.

S

Semiconductors, Chips, and Advanced Electronics

6,472 items

Companies in the semiconductors & HPC space, including integrated device manufacturers (IDMs), fabless firms, semiconductor production equipment manufacturers, electronic design automation (EDA), advanced semiconductor material companies, and more

ASSET InterTech Patents

ASSET InterTech has filed 5 patents.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

10/7/2014

4/5/2016

Computer buses, Intel microprocessors, Fault tolerance, Computer memory, Serial buses

Grant

Application Date

10/7/2014

Grant Date

4/5/2016

Title

Related Topics

Computer buses, Intel microprocessors, Fault tolerance, Computer memory, Serial buses

Status

Grant

Latest ASSET InterTech News

Volaris Group Enters Engineering Market with Acquisition of ASSET InterTech

Aug 24, 2021

(“Volaris”) today announced that it has acquired ASSET InterTech, Inc . ASSET InterTech is a leading provider of solutions to validate, characterize, test and debug chips and circuit boards and represents Volaris’ first acquisition in the Engineering vertical. “We are thrilled to welcome ASSET InterTech to the Volaris family,” said Trey Drake, Group Leader at Volaris. “We see this acquisition as an opportunity to not only support the ASSET InterTech team as they look to expand within the markets they serve, but also to build a portfolio of engineering technology firms through possible future acquisitions.” ASSET InterTech’s ScanWorks® and SourcePoint® platforms provide users a seamless validation, test and debug environment across hardware and software, providing insight into root causes. This is critical as software, firmware, and hardware have become increasingly interdependent and each must be debugged within the context of the others. “Since 1995, we’ve been committed to providing our customers with best-in-class tools and long-lasting relationships,” said Glenn Woppman, CEO, ASSET InterTech. “And that mission isn’t changing. We recognize the potential for additional growth within the markets we serve and believe that the strong foundation we’ve built along with an infusion of best practice sharing, talent development, and global reach from Volaris will lead to a bright future.” In keeping with Volaris’ philosophy to acquire, strengthen and grow, ASSET InterTech maintains its brand and independence with support, coaching and best practices from Volaris. Glenn Woppmann leads the business as CEO, along with the existing management team. About Volaris Group Volaris acquires, strengthens, and grows vertical market technology companies. As an Operating Group of Constellation Software Inc., Volaris is all about strengthening businesses within the markets they compete and enabling them to grow – whether that growth comes through organic measures such as new initiatives and product development, day-to-day business, or through complementary acquisitions. Learn more at  www.volarisgroup.com . For more information, please contact: Ryan Hill

ASSET InterTech Frequently Asked Questions (FAQ)

  • When was ASSET InterTech founded?

    ASSET InterTech was founded in 1995.

  • Where is ASSET InterTech's headquarters?

    ASSET InterTech's headquarters is located at 7161 Bishop Rd, Plano.

  • What is ASSET InterTech's latest funding round?

    ASSET InterTech's latest funding round is Acquired.

  • How much did ASSET InterTech raise?

    ASSET InterTech raised a total of $5.84M.

  • Who are the investors of ASSET InterTech?

    Investors of ASSET InterTech include Volaris Group and Paycheck Protection Program.

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  • Kill analyst data work
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