Teledyne Acquires Hanson Research Corp.

(RTTNews) - Teledyne Technologies Inc. (TDY) said that Teledyne Instruments, Inc. has acquired Hanson Research Corporation. Hanson Research, headquartered in Chatsworth, California, specializes in analytical instrumentation for the pharmaceutical industry. Terms of the transaction were not disclosed.

Founded by William A. ("Bill") Hanson in 1951, Hanson Research pioneered the development of dissolution testing instruments. Dissolution testing determines the release rate of an active pharmaceutical ingredient in tablet or capsule form as it dissolves into solution. Hanson Research also provides diffusion testing instrumentation used to analyze the release rate of a pharmaceutical as it permeates through a skin-like membrane.