[2] Although Wavetek did not invent the function generator, it made them commercially popular.

The company faced a decline starting in the late 1970s, which eventually resulted in their sale to Torrey Investments in 1991.

WWG kept Wavetek's LAN business unit, cable networks, fiber optics and wireless test gear.

[6] In February 2000, WWG merged with hand-held test equipment developer TTC.

[7] In 2001, Wavetek's LAN tester division which developed the LanTEK series Ethernet test instruments was acquired by IDEAL Industries.