GSI 1977
Grason-Stadler and General Radio are laminated together in the pages of history. GR founded in 1915 started the electronics industry and its 86 year run, the longest in history, ended in 2001 when the company was acquired by Teradyne. In 1970 GS became a wholly owned subsidiary of General Radio, Steve Stadler became CFO and Senior Vice President of GR which went on to reinvent itself as GenRad in 1975 with Rufus Grason VP of the Environmedics Division.
In 1977 Grason-Stadler again became independently owned and emerged as GSI when GenRad consummated the sale of Grason-Stadler to Rufus Grason and Richard Vanderlippe. GenRad could see into the future and had seized the opportunity to be the first to market a programmable circuit board test system. Its success was so dramatic that the company was seduced to evolve from individual measurement instruments to "ATE" Automatic Test Equipment systems while looking for new complimentary acquisitions along the way.
