Tektronix Inc. has partnered with Telogy Inc. on an instrumentation trade-in program.

Under the deal, Tektronix customers can trade in used test instrumentation when they purchase the company's new equipment. Telogy purchases and manages the used trade-in assets, and refurbishes and resells the equipment.

The program accepts test instrumentation equipment from a variety of manufacturers, Tektronix reports.

The program gives Tektronix a competitive edge with no risk and gives Telogy access to additional equipment, says Tektronix Inc. VP of Americas region sales Michael Oliveri. Customers get a shot at a discount on the latest equipment.

Telogy sells, leases, rents and buys electronic test equipment through its T&M division in Silicon Valley. Tektronix is a test, measurement and monitoring company for the telecom, computer and semiconductor industries.