{"id":6062,"date":"2025-02-04T21:11:27","date_gmt":"2025-02-04T13:11:27","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/teledyne-completes-710m-acquisition-of-excelitas-aerospace-and-defense-businesses\/"},"modified":"2025-02-04T21:11:27","modified_gmt":"2025-02-04T13:11:27","slug":"teledyne-completes-710m-acquisition-of-excelitas-aerospace-and-defense-businesses","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/teledyne-completes-710m-acquisition-of-excelitas-aerospace-and-defense-businesses\/","title":{"rendered":"Teledyne Completes $710M Acquisition of Excelitas\u2019 Aerospace and Defense Businesses"},"content":{"rendered":"<p style=\"text-align: center;\" itemprop=\"image\" itemscope=\"\" itemtype=\"https:\/\/schema.org\/ImageObject\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cdn.satnow.com\/news\/cover_1__638742346227413941.png\" width=\"712\" height=\"377\" alt=\"Teledyne Completes $710M Acquisition of Excelitas\u2019 Aerospace and Defense Businesses\" class=\"imageload removeImageattr\" data-original=\"https:\/\/cdn.satnow.com\/news\/cover_1__638742346227413941.png\" style=\"\"><meta itemprop=\"url\" content=\"https:\/\/cdn.satnow.com\/news\/cover_1__638742346227413941.png\"><meta itemprop=\"width\" content=\"712\"><meta itemprop=\"height\" content=\"377\"><\/p>\n<p>Teledyne Technologies Incorporated announced the successful completion of the acquisition of select aerospace and defense electronics businesses from Excelitas Technologies Corp. (Excelitas)&nbsp;for approximately $710 million. The acquisition includes the optical systems business known under the Qioptiq brand based in Northern Wales, UK and the U.S.-based advanced electronic systems business.<\/p>\n<p>The UK-based optical systems business provides advanced optics for heads-up and helmet-mounted displays, dismounted tactical night vision systems, and proprietary glass used in space and satellite applications. In the U.S., the advanced electronics business provides custom electronics, including electronic safe and arm devices, high-voltage semiconductor switches, and rubidium frequency standards for defense and space applications. The acquired business will now be included in Teledyne\u2019s Aerospace and Defense Electronics segment and operate under the name Teledyne Qioptiq.<\/p>\n<div class=\"widget-layout related-content-also-read-box my-3\">\n<h4 class=\"mb-0\">Also Read: What are Space Modulation Techniques?<\/h4>\n<\/div>\n<p><em>\u201cWe are pleased to have expeditiously closed this acquisition, which represents our tenth corporate carve-out transaction,\u201d<\/em> <strong><\/strong>said<strong>&nbsp;Robert Mehrabian, Executive Chairman.<\/strong> <em>\u201cTeledyne Qioptiq adds new technology and highly complementary products and customers, and we are delighted to welcome this business and its employees to Teledyne.\u201d<\/em><\/p>\n<p><em>\u201cThe combination of Teledyne Qioptiq\u2019s technologies and our existing broad portfolio of defense products will give us additional opportunities to deliver solutions to our customers,\u201d<\/em> said <strong>George Bobb, President and Chief Operating Officer. Doug Benner, EVP, and GM, Teledyne Qioptiq&nbsp;<\/strong>added<strong><\/strong>, <em>\u201cWe are excited about the future and look forward to a seamless integration that will benefit our employees and customers.\u201d<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Teledyne Technologies Incorporated announced the successful completion of the acquisition of select aerospace and defense electronics businesses from Excelitas Technologies Corp. (Excelitas)&nbsp;for approximately $710 million. The acquisition includes the optical systems business known under the Qioptiq brand based in Northern Wales, UK and the U.S.-based advanced electronic systems business. The UK-based optical systems business provides [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[20],"class_list":["post-6062","post","type-post","status-publish","format-standard","hentry","category-news","tag-satellite"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/6062"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=6062"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/6062\/revisions"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=6062"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=6062"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=6062"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}