Teledyne Inc has just announced their decision to take over the Essex-based imaged sensor and space component specialist e2v technologies. The takeover will cost Teledyne approximately 620 million dollars but such is the price of absorbing an industry leader for imagers and space component like e2v. Not only limited to imagers, e2v also supplied radio devices and semiconductors for high-reliability industrial/defense applications and healthcare.
CEO of Teledyne, Robert Mehrabian believes that every single facet of e2v is highly complementary to Teledyne and with minimal overlap thus necessitated the takeover. Both are leaders in astronomy and space imaging, microwave devices with Teledyne largely specializing in infrared detectors and e2v corning the visible light sensors segment of the market. They have a wide variety of sensor parts available in their portfolio. Supplying vacuum microwave s and solid state systems to defense markets while dishing out X-ray sensors to healthcare markets, US-based Teledyne’s strengths in cameras and vision systems is enhanced by e2v’s broader product portfolio.
Teledyne has been steadily expanding over the past couple of years into bigger markets which include but aren’t limited to environmental monitoring, medical imaging, oil/gas exploration and factory automation. Their product line is also expanding into relays, semiconductor image sensors, complete sensing/monitoring systems and microwave /RF devices. The expected acquisition is set for the first half of 2017.
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