Teledyne Technologies Incorporated (NYSE: TDY) ("Teledyne"), a diversified industrial technology company, announced the acquisition of DD-Scientific Holdings Limited and its subsidiary DD-Scientific Limited. Established in 2011 and based in Fareham, United Kingdom, DD-Scientific specializes in designing and manufacturing high-performance electrochemical gas sensors for critical applications requiring precise accuracy. The terms of the deal remain confidential.
DD-Scientific offers reliable, cost-effective gas sensors used for industrial safety through toxic gas detection, healthcare with medical-grade sensors, and environmental compliance via trace gas monitoring of air quality and emissions.
George Bobb, President and CEO of Teledyne, stated, "Since Teledyne's first acquisition in 2001, our environmental, industrial process and gas & flame detection instrumentation businesses have performed extremely well. DD-Scientific adds complementary technology, including lead-free electrochemical sensors, to our range of sensors, optical gas imaging cameras and instrumentation across the power generation, petrochemical, semiconductor and medical industries."