Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



Teledyne Completes CETAC Acquisition

Teledyne Technologies (NYSE: TDY  ) is now the owner a specialty laboratory products manufacturer. The company announced that subsidiary Teledyne Instruments has completed its purchase of SD Acquisition, a company doing business as CETAC Technologies. Teledyne described its new asset as "a leading designer and manufacturer of automated sample handling and sample introduction equipment for laboratory instrumentation." The terms of the deal, which was agreed to in mid-August, were not made public.

The acquisition is the latest in a series of buys for Teledyne this year. This past May, another subsidiary of the company, Teledyne DALSA, bought fabless semiconductor specialist Axiom IC.In January, Teledyne reached an agreement to acquire Denmark-based marine acoustic 3-D imaging-software company RESON A/S.

Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2618450, ~/Articles/ArticleHandler.aspx, 9/29/2016 1:33:14 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 3 hours ago Sponsored by:
DOW 18,339.24 110.94 0.61%
S&P 500 2,171.37 11.44 0.53%
NASD 5,318.55 12.84 0.24%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/28/2016 4:02 PM
TDY $108.90 Up +0.75 +0.69%
Teledyne Technolog… CAPS Rating: ***