Tuesday, March 28, 2017

Teledyne Completes $789M e2v Acquisition

Thousand Oaks-based Teledyne Technologies Incorporated and UK-based e2v technologies plc said today that the two have completed the $789M acquisition of e2v by Teledyne. The deal had been announced in December. e2v develops machine vision products, including image sensors and custom cameras and applications. The company also develops imaging sensors and arrays for the space industry, radio frequency components for the healthcare, industrial, and defense market, plus high reliability semiconductors for the aerospace, space, and communications areas. Teledyne said financing for the deal came from Bank of America, N.A and Merrill Lynch, Pierce, Fenner & Smith Incorporated.

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