Teledyne completes e2v acquisition

Teledyne Technologies has completed its acquisition of e2v in a deal which valued the Chelmsford based high tech engineering company at £627million.

“Every business within e2v is highly complementary to Teledyne and will contribute to our balanced portfolio of highly engineered products, said Robert Mehrabian, Teledyne’s chairman, president and CEO. “From industrial machine vision to space based imaging, microwave devices spanning radar to radiotherapy, and specialty semiconductors through micro electro-mechanical systems, our respective capabilities and engineering-centric cultures are truly a great fit.”