Announced
Financials
Sources
Tags
Pending
x-ray technology
Electronic Components and Equipment
Acquisition
United States
Majority
Single Bidder
Domestic
Private
Friendly
Synopsis
Teledyne, a provider of sophisticated digital imaging products and software, agreed to acquire ETM-Electromatic, a designer and manufacturer of high-power microwave and high-energy X-ray subsystems. Financial terms were not disclosed. “ETM is uniquely complementary to our healthcare imaging and defense electronics businesses. For many years, Teledyne MEC and Teledyne e2v have supplied critical vacuum electron device components to ETM. The combination with ETM will now accelerate Teledyne’s ability to provide greater content and subsystem-level solutions to cancer radiotherapy, defense and security customers. In addition, ETM strengthens our capabilities in microwave combining technologies and high-power gallium nitride (GaN) based solid state power amplifiers," Robert Mehrabian, Teledyne Chairman, President and CEO.
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