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In January 2021, Teledyne Technologies announced that it had entered into a definitive agreement to acquire the company for $8 billion, [64] [65] against FLIR's 2019 revenue of $1.9 billion. [66] The acquisition was completed in May 2021, and FLIR Systems Inc. continued as Teledyne FLIR LLC.
Teledyne reported third quarter 2019 net sales of $802.2 million, a 10.6% increase compared to 2018. [23] On 4 January 2021, it was announced Teledyne Technologies would acquire FLIR Systems for $8 billion. [24] In 2021, Teledyne MEMS, which is in part composed by Teledyne DALSA, [25] was ranked second in global revenues in the MEMS field. [26]
Number of employees. 1,113 (December 2023) ... iRobot laying off 31 percent of its employees, ... This unit became part of Teledyne FLIR in 2019. [33] [34]
Teledyne DALSA (formerly DALSA Corporation) is a Canadian company specializing in the design and manufacture of specialized electronic imaging components (image sensors, cameras, frame grabbers, imaging software) as well as specialized semiconductor fabrication (MEMS, [2] high voltage ASICs).
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In April 1989, Singleton, after guiding Teledyne for 29 years, retired as an employee and officer. [17] Nevertheless, that was a peak year for Teledyne sales ($3.53 billion) and earnings ($392 million). Teledyne stock price reached $388.88, the highest in the US. Total employment also peaked at near 43,000. [18]
The US acquisition was 70 years to the month after the original English company's registration in 1947. In its 2018 annual report, Teledyne Technologies said the final purchase price for e2v was $740.6 million, net of cash acquired as part of the business, [17] adding that e2v had been Teledyne's largest acquisition in its history.
In 1966, Wah Chang had around 1,200 employees, in plants in Albany, Oregon; Glen Cove, New York; Huntsville, Alabama; and Texas City, Texas, and sales of $40.7 million. [11] The Albany plant was by far the largest, and at the time of its sale to Teledyne, it accounted for around $20 million in annual revenue, with 860 employees at that location ...