By Jemima Owen-Jones2016-11-07T10:43:00+00:00
Teledyne Technologies Inc., has announced that Teledyne Instruments Inc. has entered into an agreement to acquire the assets of IN USA Inc.
IN USA manufactures a range of ozone generators, ozone analysers and other gas monitoring instruments utilising ultraviolet and infrared-based technologies.
IN USA’s gas sensors and monitors are designed for use across several industrial process applications in the semiconductor, water treatment, food and beverage and pharmaceutical industries.
”Teledyne API has grown to be one of our strongest performing companies and is a leader in air quality monitoring instrumentation”
Robert Mehrabian, Chairman, President and CEO of Teledyne
“Teledyne Advanced Pollution Instrumentation became part of Teledyne in 2001 and was our very first acquisition,” said Robert Mehrabian, Chairman, President and CEO of Teledyne. “Since then, Teledyne API has grown to be one of our strongest performing companies and is a leader in air quality monitoring instrumentation. IN USA will add complementary products, sales channels and applications expertise to our existing industrial ozone instrumentation.”
Terms of the transaction were not disclosed. The closing of the transaction, which is subject to customary conditions, is anticipated to occur later this month.
A subsidiary of Teledyne has received $11m in orders to be delivered in 2007 and 2008
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