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Teledyne Cuts Outlook On Sales Slowdown In Energy Markets

socalTECH

Thousand Oaks-based Teledyne Technologies said this morning that it is cutting its outlook for the third quarter and full year, due to decline in sales in energy-related products. Teledyne is a diversified provider of aerospace, energy, defense, electronics, imaging, engineered systems, and other products.

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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 said the sale will help it continue to focus on "high-technology, proprietary engineered products". The deal is worth $9.3M READ MORE>>.

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Teledyne Acquires PDM Neptec, Completes LeCroy Buy

socalTECH

Thousand Oaks-based Teledyne Technologies , the diversified electronics, instrumentation, and aerospace products firm, said Friday that it has acquired PDM Neptec , a provider of underwater cables, fiber optic and electrical subsea connectors. LeCroy had sales of approximately $178.1M READ MORE>>.

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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.

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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. Published in January, the technology comes from the lab of Keith Joung, who is an Editas cofounder. SMA has no approved treatments. Regeneron is paying $25 million upfront.

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