M&A Deal Summary

Teledyne Technologies Acquires Teledyne LeCroy

On May 29, 2012, Teledyne Technologies acquired electronics company Teledyne LeCroy for 291M USD

Acquisition Highlights
  • This is Teledyne Technologies’ 7th transaction in the Electronics sector.
  • This is Teledyne Technologies’ 4th largest (disclosed) transaction.
  • This is Teledyne Technologies’ 20th transaction in the United States.
  • This is Teledyne Technologies’ 2nd transaction in New York.

M&A Deal Summary

Date 2012-05-29
Target Teledyne LeCroy
Sector Electronics
Buyer(s) Teledyne Technologies
Deal Type Add-on Acquisition
Deal Value 291M USD
Advisor(s) Stifel, Nicolaus & Co., Inc. (Financial)
Bingham McCutchen LLP
Fish & Richardson (Legal)

Target

Teledyne LeCroy

Chestnut Ridge, New York, United States
Teledyne LeCroy Corp. is a provider in serial data test solutions, creating advanced instruments that drive product innovation by quickly measuring, analyzing and verifying complex electronic signals. The Company offers high-performance oscilloscopes, serial data analyzers and global communications protocol test solutions used by design engineers in the computer, semiconductor and consumer electronics, data storage, automotive and industrial, telecommunications and military and aerospace markets.

Search 200,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Teledyne Technologies

Thousand Oaks, California, United States

Category Company
Founded 1960
Sector Test/Measurement Equipment
Employees14,900
Revenue 5.6B USD (2023)
DESCRIPTION
Entrance to Teledyne's corporate campus in Thousand Oaks, California.
Entrance to Teledyne's corporate campus in Thousand Oaks, California.

Teledyne Technologies provides enabling technologies for the deepwater oil and gas exploration and production, oceanographic research, air and water quality environmental monitoring, electronics design and development, factory automation and medical imaging markets. The Company's products include monitoring and control instrumentation for marine and environmental applications, harsh environment interconnects, electronic test and measurement equipment, digital imaging sensors and cameras, aircraft information management systems, and defense electronic and satellite communication subsystems. Teledyne also supplies engineered systems for defense, space, environmental and energy applications. Teledyne Technologies was founded in 1960 and is based in Thousand Oaks, California.


DEAL STATS #
Overall 27 of 48
Sector (Electronics) 7 of 10
Type (Add-on Acquisition) 18 of 37
State (New York) 2 of 2
Country (United States) 20 of 29
Year (2012) 2 of 3
Size (of disclosed) 4 of 21
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-02-27 Varisystems

Calgary, Alberta, Canada

Varisystems, Inc. is a supplier of custom harsh environment interconnects and cable assemblies to customers primarily engaged in the land-based energy, mining and other natural resources industries.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-05-31 BlueView Technologies

Seattle, Virginia, United States

BlueView Technologies, Inc. delivers instrumentation for underwater vision, monitoring, survey, detection and navigation.

Buy -