TELEDYNE TECHNOLOGIES INC acquires Rockwell Scientific Company LLC
Snapshot
TELEDYNE TECHNOLOGIES INC acquired Rockwell Scientific Company LLC for $167.5 million in cash (sellers retaining certain liabilities) in September 2006. The transaction was structured as all cash. Rockwell Scientific Company LLC is a Headquartered in Thousand Oaks, California-based Aerospace and Defense Electronics / Digital Imaging business.
- Acquirer
- TELEDYNE TECHNOLOGIES INC
- Target
- Rockwell Scientific Company LLC
- Value
- $167.5 million in cash (sellers retaining certain liabilities)
- Date
- September 2006
- Type
- full acquisition
- Status
- ready
The deal at a glance
About this deal
TELEDYNE TECHNOLOGIES INC acquired Rockwell Scientific Company LLC for $167.5 million in cash (sellers retaining certain liabilities), a transaction completed in September 2006, structured as all cash.
Rockwell Scientific Company LLC operates in Aerospace and Defense Electronics / Digital Imaging, is based in Headquartered in Thousand Oaks, California, had revenue of about $114 million revenue (fiscal year ended September 30, 2005). Rockwell Scientific Company, headquartered in Thousand Oaks, California, is a leading provider of research and development services and a leader in developing and manufacturing infrared and visible-light imaging sensors for surveillance applications. It was 50 percent owned by each of Rockwell Automation and Rockwell Collins and, post-acquisition, operates under the names Teledyne Scientific Company and Teledyne Imaging Sensors. For its fiscal year ended September 30, 2005, Rockwell Scientific had revenue of $114 million.
Leading R&D services and infrared/visible imaging-sensor capabilities for surveillance applications. Operates as Teledyne Scientific Company and Teledyne Imaging Sensors
No advisory firms have been disclosed for this transaction.