Thursday, April 30, 2015
Teledyne Buys Remainder Of Optech
Thousand Oaks-based Teledyne Technologies said this morning that its subsidiary, Teledyne DALSA has acquired the remaining minority interest of Optech Incorporated, a developer of laser-based survey and digital imaging instruments. Financial details of the deal were not disclosed. Optech is based in Vaughan, Ontario. Teledyne had increased its share to a majority ownership in April of 2012. Optech's products are used in airborne and mobile mapping.