Testing Technologies IST

Testing Technologies IST

Testing Technologies IST designs and markets test development tools for automated testing.

HQ location
Berlin, Germany
Launch date
Employees
Enterprise value
$2m
Company register number
HRB 77805 B (Charlottenburg (Berlin))
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DateInvestorsAmountRound
-investor

€0.0

round
investor

€0.0

Valuation: €0.0

round

€2.0m

Acquisition
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
EUR2015201620172018201920202021
Revenues0000000000000000000000000000
EBITDA0000000000000000000000000000
Profit0000000000000000000000000000
% profit margin14 %------
EV0000000000000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget0000000000000000000000000000

Source: Company filings or news article

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More about Testing Technologies IST
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Testing Technologies IST GmbH, established in Berlin, operated as a specialized developer of software test automation tools before its acquisition. Founded in 2000 as a spin-off from the Fraunhofer Institute FOKUS, the company carved a niche in providing solutions for complex, automated testing environments. Its core market consisted of industries requiring rigorous testing for communication-based systems, such as automotive and the Internet of Things (IoT).

The company's business model centered on the development and sale of its flagship integrated test platform, TTworkbench. This platform provides a comprehensive environment for building, executing, and analyzing intricate test scenarios. Revenue was generated through licensing of the TTworkbench software, which came in different tiers like Basic and Professional, and by offering an extensive portfolio of plugins and support services for creating highly customized test environments. The company's expertise lay in the application of the internationally standardized test technology TTCN-3 (Testing and Test Control Notation), which is designed for testing communicating and distributed systems.

TTworkbench served as an all-in-one, technology-independent Integrated Development Environment (IDE) for test automation. Its primary benefit was enabling the automation of functional, conformance, interoperability, and load testing across various development phases. A key selling point was its foundation on the TTCN-3 standard, which ensures that tests are reusable and independent of specific vendor platforms or technologies. The platform offered both textual and graphical editors, full test automation capabilities, and rapid integration features, allowing clients like Samsung to harmonize their testing systems and reduce manual testing efforts.

In March 2016, Testing Technologies was acquired by Spirent Communications Plc, a leader in test and measurement. The acquisition was a strategic move by Spirent to integrate Testing Technologies' machine-to-machine automation expertise, particularly in the connected car and IoT sectors, with its own portfolio. Following the acquisition, the TTworkbench platform and its associated services were integrated into Spirent's offerings.

Keywords: test automation, TTCN-3, software testing tools, TTworkbench, conformance testing, interoperability testing, automated testing, Fraunhofer FOKUS, Spirent Communications, automotive testing

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