Teledyne Technologies to acquire Xena Networks.

Teledyne Technologies, a manufacturer of advanced protocol analyzers, oscilloscopes, and other test instruments that verify performance, validate compliance, and debug complex electronic systems quickly and thoroughly, agreed to acquire Xena Networks, a provider of high-speed Terabit Ethernet validation, quality assurance, and production test solutions. Financial terms were not disclosed. “The Xena Networks acquisition will further establish our leadership in the protocol test market, extending our reach to Ethernet system validation engineers, quality assurance labs, and production lines for test, evaluation, and acceptance of Ethernet components and systems. The acquisition of LeCroy in 2012 provided a healthy and growing portfolio of protocol test businesses focused on PCI Express, USB as well as storage and networking technologies. Since then, we expanded Teledyne LeCroy’s protocol test business with multiple acquisitions, including Quantum Data (for video), Frontline (for Bluetooth and WiFi) and OakGate (for storage devices test solutions). Xena Networks will be a powerful addition to this strong and growing protocol test portfolio,” Robert Mehrabian, Chairman, Teledyne Technologies President and CEO.