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Teledyne Acquires Micropac for $57M

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THOUSAND OAKS, Calif., Nov., 5, 2024 — Teledyne Technologies and Micropac Industries have entered into a definitive merger agreement under which Micropac will be merged with a wholly owned subsidiary of Teledyne. The transaction, expected to close by the end of 2024, values Micropac at approximately $57.3 million. Micropac, founded in 1963, designs and manufactures microelectronic circuits, optoelectronic components, and sensor and display assemblies, primarily for military, aerospace, and medical applications.Read full article

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    Published: November 2024
    Glossary
    display
    The observable illustration of an image, scene or data on a screen such as a console or cathode-ray tube, seen as a graph, report or drawing.
    Businessacquisitionsmergersmergers & acquisitionsSubsidiaryMicropacTeledyneTeledyne TechnologiessensorsSensors & DetectorsLEDdisplayAmericas

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