TELEDYNE TECHNOLOGIES INC acquires DALSA Corporation
Snapshot
TELEDYNE TECHNOLOGIES INC acquired DALSA Corporation for approximately CAD $341 million at announcement (CAD $18.25 per share; ~CAD $337 million at close, including stock options and net cash) in February 2011. The transaction was structured as all cash. DALSA Corporation is a Headquartered in Waterloo, Ontario, Canada; approximately 1,000 employees worldwide-based Digital Imaging business.
- Acquirer
- TELEDYNE TECHNOLOGIES INC
- Target
- DALSA Corporation
- Value
- approximately CAD $341 million at announcement (CAD $18.25 per share; ~CAD $337 million at close, including stock options and net cash)
- Date
- February 2011
- Type
- full acquisition (Ontario plan of arrangement)
- Status
- ready
The deal at a glance
About this deal
TELEDYNE TECHNOLOGIES INC acquired DALSA Corporation for approximately CAD $341 million at announcement (CAD $18.25 per share; ~CAD $337 million at close, including stock options and net cash), a transaction completed in February 2011, structured as all cash.
DALSA Corporation operates in Digital Imaging, is based in Headquartered in Waterloo, Ontario, Canada; approximately 1,000 employees worldwide. DALSA Corporation, headquartered in Waterloo, Ontario, Canada, is an international leader in high-performance digital imaging and microelectromechanical systems (MEMS) with approximately 1,000 employees worldwide. Established in 1980, DALSA designs, develops, manufactures and markets digital imaging products including high-resolution CCD and CMOS imaging sensors, electronic digital cameras and image-processing software for industrial machine vision, advanced medical imaging and high-resolution aerial and satellite imagery, plus custom MEMS products.
High-performance digital imaging (CCD/CMOS sensors, cameras, software) and MEMS capabilities for machine vision, medical and aerial/satellite imaging. Combined into Teledyne's digital imaging operations
No advisory firms have been disclosed for this transaction.