Technology | 2010.03.02
Teledyne Acquires Minority Stake in Optical Alchemy, Inc.
THOUSAND OAKS, Calif.--(BUSINESS WIRE)--Teledyne Technologies Incorporated (NYSE:TDY) announced today that its subsidiary, Teledyne Scientific & Imaging, LLC, has acquired a minority interest in Optical Alchemy, Inc. Optical Alchemy, located in Nashua, N.H., is a designer and manufacturer of ultra-light electro optical gimbal systems. Terms of the transaction were not disclosed. “Given their low weight, Optical Alchemy’s inertially stabilized, geo-referenced imaging systems are e
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