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Credence Systems – “Could've been a great company”
Pros
Credence's pay does not seem to be bad. It's a great place to be exposed to a lot of different system design issues. People under estimate the difficulties in developing ATE systems, but I actually got to deal with a lot of interesting problems.
Cons
Management took too long to make decisions. The product positioning seems to be consistently wrong compared to competitors like Teradyne. There are actually some good engineers in the company, but there talent and energy are wasted working on projects that never got shipped. Historically, the company never developed a successful product internally. All the products that sold well were acquired.
Advice to Senior Management
Now that Credence is bought and soon will be killed, there is not much I can say.