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Teledyne Sells Printed Circuit Board Unit

socalTECH

Thousand Oaks-based Teledyne announced this morning that it is selling off its printed circuit board business, Teledyne PCT , to FTG Circuits. Teledyne PCT develops rigid-flex printed circuit boards and assemblies, used in the defense, aerospace, and oil and gas industries. The deal is worth $9.3M READ MORE>>.

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Xencor, Amgen In $1.7 Billion Deal

socalTECH

Thousand Oaks-based Amgen , and Monrovia, California-based Xencor said this morning they are in a strategic collaboration worth as much as $1.7 billion to Xencor, to develop and commercialize cancer immunotherapy and inflammation drugs. The two said that Amgen will pay Xencor $45M upfront, with the potential of up to $1.7

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Teledyne Buys Canadian Firm

socalTECH

Thousand Oaks-based Teledyne Technologies announced this morning that it is acquiring Waterloo, Ontario-based DALSA Corporation , a developer of digital imaging and microelectromechanical systems (MEMS). Teledyne said DALSA had sales of CAD $201 million for the twelve months ended September 30, 2010.

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Xirrus In Channel Expansion Effort

socalTECH

Thousand Oaks-based Xirrus , the developer of Wi-Fi access arrays, looks to be a big channel expansion push, saying Thursday that it has expanded its partnership program in Europe, for the enterprise, as well as for schools and universities. Concurrently, the firm said it launched a new enterprise partner program in the U.S.,

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Teledyne Buys Instrumentation Firm

socalTECH

Thousand Oaks-based Teledyne Technologies said today that it has acquired Odom Hydrographic Systems, a Louisiana-based firm developing hydrographic survey instrumentation. Odom had sales of roughly $10.9M Financial terms of the deal were not disclosed. for its fiscal year ended September 30, 2008. READ MORE>>.

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Biotech Roundup: Biogen Rumors, Theranos, Electro-Drugs & More

Xconomy

Then came the rumor mill: Companies may or may not be approaching Biogen about a sale, and Biogen may or may not be fielding offers. Instead, Holmes promoted a new system, MiniLab , in development. Published in January, the technology comes from the lab of Keith Joung, who is an Editas cofounder.

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