TELEDYNE TECHNOLOGIES INC acquired Nova Research, Inc. (Nova Sensors), a transaction completed in July 2013, structured as Acquisition of remaining 49% minority interest, bringing ownership to 100%; original majority stake taken 2011-03-17..
Nova Research, Inc. (Nova Sensors) operates in Digital Imaging, is based in Buellton, California, USA. Teledyne's subsidiary Teledyne Scientific & Imaging, LLC acquired the remaining 49% interest in Nova Research, Inc. (Nova Sensors) that it did not already own, having taken a majority stake on March 17, 2011. Nova Sensors, based in Buellton, California, designs highly-integrated camera electronics, develops image-processing algorithms, and manufactures compact mid-wave and short-wave infrared camera systems.
Consolidates full ownership of Nova Sensors' infrared camera electronics and image-processing capabilities within Teledyne's imaging portfolio.
Advisory firms were not disclosed for this transaction.