
Testing Technologies IST
Testing Technologies IST designs and markets test development tools for automated testing.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
investor | €0.0 Valuation: €0.0 | round | |
€2.0m | Acquisition | ||
Total Funding | 000k |
EUR | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
---|---|---|---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% profit margin | 14 % | - | - | - | - | - | - |
EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
Related Content
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