Teledyne to Acquire Judson

THOUSAND OAKS, Calif., Jan. 2, 2008 -- Teledyne Technologies Inc. announced today that its Scientific & Imaging subsidiary will acquire infrared detector manufacturer Judson Technologies LLC of Montgomeryville, Pa. Terms of the transaction were not disclosed.

Teledyne Technologies' Scientific & Imaging is composed of two business units: Teledyne Scientific Co. and Teledyne Imaging Sensors, which are located in Thousand Oaks and Camarillo, Calif. Teledyne Scientific develops high-speed electronics, MEMS (microelectromechanical systems) sensors and actuators and compound semiconductors under its Electronics Div. It also creates ceramic composites, electronic device packaging, biomaterials and liquid crystal-based optical devices under its Materials Technology Div. The Information Sciences Div. provides autonomous systems, image and sensor processing, computational fluid dynamics, control and power systems and wireless networking and network security.

Teledyne Imaging Sensors develops infrared (IR) and visible sensor subsystems used in space, long-range terrestrial surveillance and targeting and astronomy applications. Its biggest customers include NASA and the Army, for which it is developing sensors on the James Webb Space Telescope and third-generation IR tactical imaging systems, respectively.

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Judson manufactures high-performance infrared detectors using materials such as mercury cadmium telluride (HgCdTe), indium antimonide (InSb), and indium gallium arsenide (InGaAs), as well as tactical dewar and cooler assemblies and other specialized standard products for military, space, industrial and scientific applications. The company had sales of $13.8 million for FY2006. After the closing, the business will operate under the name Teledyne Judson Technologies.

"With the acquisition of Judson, Teledyne will be able to provide a substantially wider range of visible and infrared detectors, integrated subsystems and camera products," said Robert Mehrabian, chairman, president and CEO of Teledyne. "Judson's capabilities in detector packaging and the production of dewar and cooler assemblies are highly complementary to Teledyne Scientific & Imaging's strength in advanced detector materials and the design of large-format focal plane arrays and imaging electronics."

Closing of the deal, which is subject to various conditions, is expected on Feb. 1, 2008.

For more information, visit: www.teledyne.com

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Published: January 2008

Glossary

astronomy: The scientific observation of celestial radiation that has reached the vicinity of Earth, and the interpretation of these observations to determine the characteristics of the extraterrestrial bodies and phenomena that have emitted the radiation.
detector: 1. A device designed to convert the energy of incident radiation into another form for the determination of the presence of the radiation. The device may function by electrical, photographic or visual means. 2. A device that provides an electric output that is a useful measure of the radiation that is incident on the device.
focal plane array: A linear or two-dimensional matrix of individual detector elements, typically used at the focus of an imaging system.
image: In optics, an image is the reconstruction of light rays from a source or object when light from that source or object is passed through a system of optics and onto an image forming plane. Light rays passing through an optical system tend to either converge (real image) or diverge (virtual image) to a plane (also called the image plane) in which a visual reproduction of the object is formed. This reconstructed pictorial representation of the object is called an image.
infrared: Infrared (IR) refers to the region of the electromagnetic spectrum with wavelengths longer than those of visible light, but shorter than those of microwaves. The infrared spectrum spans wavelengths roughly between 700 nanometers (nm) and 1 millimeter (mm). It is divided into three main subcategories: Near-infrared (NIR): Wavelengths from approximately 700 nm to 1.4 micrometers (µm). Near-infrared light is often used in telecommunications, as well as in various imaging and sensing...
nano: An SI prefix meaning one billionth (10-9). Nano can also be used to indicate the study of atoms, molecules and other structures and particles on the nanometer scale. Nano-optics (also referred to as nanophotonics), for example, is the study of how light and light-matter interactions behave on the nanometer scale. See nanophotonics.
photonics: The technology of generating and harnessing light and other forms of radiant energy whose quantum unit is the photon. The science includes light emission, transmission, deflection, amplification and detection by optical components and instruments, lasers and other light sources, fiber optics, electro-optical instrumentation, related hardware and electronics, and sophisticated systems. The range of applications of photonics extends from energy generation to detection to communications and...
sensor: 1. A generic term for detector. 2. A complete optical/mechanical/electronic system that contains some form of radiation detector.

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