TELEDYNE TECHNOLOGIES INC acquired Industrial Control Machines SA (ICM), a transaction completed in June 2015, structured as Acquisition through a Netherlands-based Teledyne subsidiary..
Industrial Control Machines SA (ICM) operates in Digital Imaging, is based in Liege, Belgium. Teledyne acquired Industrial Control Machines SA (ICM) through a Netherlands-based subsidiary. Based in Liege, Belgium and founded in 1993, ICM is a leading supplier of portable X-ray generators for non-destructive testing and complete X-ray imaging systems for on-site security screening, including lightweight X-ray sources for inspecting materials from light-alloy aviation parts to thick steel pipelines and mobile systems for explosive ordnance disposal.
ICM's X-ray sources and mobile security systems complement Teledyne's CMOS-based X-ray detectors and accelerate Teledyne's build-out of a full family of X-ray products for industrial, security and scientific markets.
Advisory firms were not disclosed for this transaction.