Teledyne Acquires Nova Sensors SharesJuly 9, 2013
The company has acquired the remaining 49% interest in Nova Research.
THOUSAND OAKS, CA /BUSINESS WIRE/ -- Teledyne Technologies Inc. announced that its subsidiary, Teledyne Scientific & Imaging LLC, has acquired the remaining 49% interest in Nova Research Inc. that it did not already own. Terms of the transaction were not disclosed.
On March 17, 2011, Teledyne acquired a majority stake in Nova Sensors. Nova Sensors, located in Buellton, CA, designs highly integrated camera electronics, develops image processing algorithms, and manufactures compact mid-wave and short-wave infrared camera systems.
About Teledyne Technologies
Teledyne Technologies Inc. is a leading provider of sophisticated instrumentation, digital imaging products, and software, aerospace, and defense electronics and engineered systems. Teledyne Technologies' operations are primarily located in the U.S., Canada, the UK, and Mexico.
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