socalTECH
OCTOBER 5, 2015
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. The company also blamed a strong U.S. dollar and "challenging" capital spending environment impacting its results.
socalTECH
MAY 29, 2012
Thousand Oaks-based Teledyne Technologies announced this morning that it is acquiring New York-based instrumentation and measurement firm LeCroy , in a deal worth $291M. The two said that LeCroy had sales of approximately $178.1M According to the two, Teledyne will pay $14.30 per share in cash for LeCroy. READ MORE>>.
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socalTECH
JULY 11, 2016
Thousand Oaks-based Teledyne Technologies said late last week that it has completed the sale of the assets of its printed circuit technology business (Teledyne PCT), to FTG Circuits. The deal was worth $9.3M
socalTECH
MAY 5, 2016
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>>.
socalTECH
SEPTEMBER 16, 2015
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 based on certain regulatory and sales milestones, to combine Amgen's target discovery and protein therapeutics efforts with Xencor's XmAb b ispecific technology platform.
socalTECH
APRIL 22, 2009
Thousand Oaks-based Teledyne Technologies , an aerospace and electronics firm, announced Wednesday that the firm has cut six percent of its North American workforce, eliminated salary increases, cut employee stock option awards, and will also close or relocate five of its operating sites, as it looks to cut expenses.
socalTECH
FEBRUARY 27, 2012
Thousand Oaks-based Teledyne Technologies said this morning that it has acquired VariSystems , a Canadian supplier of custom harsh environment interconnects, used in the oil and gas industry. VariSystems is headquartered in Calgary, Alberta, and had sales of CAD $27.5M Financial terms of the deal were not disclosed.
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