Add-on Acquisition • Electronics

Teledyne Scientific & Imaging Acquires Nova Research

On March 18, 2011, Teledyne Scientific & Imaging acquired electronics company Nova Research

Acquisition Context
  • This is Teledyne Scientific & Imaging’s 3rd transaction in the Electronics sector.
  • This is Teledyne Scientific & Imaging’s 4th transaction in the United States.
  • This is Teledyne Scientific & Imaging’s 2nd transaction in California.

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M&A Deal Summary

Date March 18, 2011
Target Nova Research
Sector Electronics
Buyer(s) Teledyne Scientific & Imaging
Deal Type Add-on Acquisition

Target Company

Nova Research

Buellton, California, United States
Nova Research, Inc. designs integrated circuits, highly-integrated camera electronics, and manufactures compact mid-wave and short-wave infrared camera systems.
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Buyer Overview 1

Buyer

Teledyne Scientific & Imaging

Thousand Oaks, California, United States

Category Company
Sector Electronics
DESCRIPTION

Teledyne Scientific & Imaging is composed of two business units: Teledyne Scientific Company and Teledyne Imaging Sensors. Teledyne Scientific Company (TSC) is focused on edge R&D and niche products. The Electronics Division develops high speed electronics, MEMS sensors and actuators, and compound semiconductors. Teledyne Imaging Sensors (TIS) is primarily engaged in the design, development and production of high performance infrared and visible sensor subsystems used in space missions, long range terrestrial surveillance and targeting and astronomy applications.


Deal Context for Buyer #
Overall 4 of 4
Sector: Electronics 3 of 3
Type: Add-on Acquisition 3 of 3
State: California 2 of 2
Country: United States 4 of 4
Year: 2011 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-06-07 Optimum Optical Systems

Camarillo, California, United States

Optimum Optical Systems, Inc. is a designer and manufacturer of custom optics and optomechanical assemblies. Optimum Optical manufactures custom lenses and optomechanical assemblies for the infrared, visible and ultraviolet spectrums. Optimum Optical’s products are primarily used in tactical military imaging systems found on a variety of defense platforms, including a number of small UAV systems.

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