Teledyne Buys Photon Machines

Thousand Oaks-based Teledyne Technologies said last week that it has acquired Photon Machines, a developer of laser-based, laboratory instrumentation. Financial terms of the buy were not disclosed. Teledyne said the acquisition was made through its subsidiary, Teledyne Instruments. Photon Machines was based in Bozeman, Montana. Teledyne is a diversified provider of electronics instrumentation, aerospace, defense electronics, engineering services and systems, and other products and services. Its corporate headquarters and research labs are in Thousand Oaks.