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Teledyne To Acquire Electronic Instrument Maker LeCroy

Defense Daily Staff

Wednesday, May 30th, 2012

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Teledyne Technologies Inc. [TDY] yesterday said it has agreed to acquire LeCroy Corp. [LCRY], a provider of test solutions used to measure, analyze and verify complex electronic signals used by design engineers in various industries. Teledyne said it would pay $14.30 per share, or $291 million, for LeCroy, including debt. The boards of directors of both companies have approved the deal. LeCroy makes oscilloscopes, protocol analyzers and signal integrity test solutions for the computer, semiconductor and consumer electronics, data storage,…

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