Teledyne Buys Axiom IC

Thousand Oaks-based Teledyne Technologies announced this morning that it has acquired Axiom IC B.V., a fabless semiconductor firm developing high performance, CMOS mixed signal integrated circuits. Financial details of the buy were not announced. Axiom IC was based in Enschede, the Netherlands, and develops analog to digital converters, signal processing, and other chips for the space systems, wireless communications, automotive, and medical technology market. Teledyne said it made the acquisition through its subsidiary, Teledyne DALSA B.V. Teledyne said it would use the acquisition to help bolsters its CMOS-based image sensor and camera products.