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Teledyne Buys Remainder Of Ocean Design

socalTECH

Thousand Oaks-based Teledyne Technologies announced this moring that the firm's subsidiary, Teledyne Instruments, inc., has acquired the remaining portion of Ocean Design that the firm did not own. to acquire the remaining 11 percent of Ocean Design. Teledyne said that it will rename Ocean Design Teledyne ODI, Inc.

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Ceres Prices IPO

socalTECH

Thousand Oaks-based Ceres , the developer of specialized seeds for the biofuels market, has priced its IPO, saying that it will offer up 5,000,000 shares of its common stock at $13.00 The firm will start trading today on the NASDAQ Global Market as CERE. The IPO was underwritten by Goldman, Sachs & CO.,

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