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Business/Financial

Teledyne To Acquire Quantum Data

By Cal Biesecker

Wednesday, April 13th, 2016

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Teledyne To Acquire Quantum Data

Quantum Data's 802 video test generator. Photo: Quantum Data

Teledyne Technologies [TDY] on Wednesday said it has agreed to acquire Quantum Data, a designer and manufacturer of electronic test and measurement instrumentation, expanding its test solutions.Terms of the deal, which is expected to close in April, were not disclosed.Illinois-based Quantum Data serves a range of customers in the semiconductor, broadcast, electronics, and aerospace and defense industries.“Quantum Data will build upon the recent acquisition of Frontline Test Equipment, a leader in wireless protocol test, bolstering recognition of Teledyne LeCroy as…

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