Teledyne To Acquire Etm-Electromatic
10/26/22, 10:30 AM
Location
thousand oaksIndustry
information technology
manufacturing
Teledyne Technologies Incorporated (NYSE:TDY) (“Teledyne”) announced today that a wholly-owned subsidiary has entered into an agreement to acquire ETM-Electromatic, Inc. (“ETM”). ETM, headquartered in Newark, California, designs and manufactures high-power microwave and high-energy X-ray subsystems for cancer radiotherapy, defense and X-ray security applications. Teledyne will also acquire ETM’s purpose-built manufacturing facility from an affiliate of ETM and its owners. Terms of the transactions were not disclosed.
Company Info
Location
Thousand Oaks, California, United States
Company info
Teledyne is a leading provider of sophisticated digital imaging products and software, instrumentation, aerospace and defense electronics, and engineered systems. Teledyne’s operations are primarily located in the United States, Canada, the United Kingdom, and Western and Northern Europe.