Teledyne Technologies To Buy SD Acquisition

(RTTNews) - Teledyne Technologies Inc. (TDY) Monday said it has agreed to buy Omaha, Nebraska-based SD Acquisition Inc. The company did not disclose any financial details of the acquisition.

CETAC Technologies is a designer and manufacturer of automated sample handling and sample introduction equipment for laboratory instrumentation. The closing of the deal, which is subject to various conditions, is anticipated to occur on August 30, 2013.

"CETAC's laboratory automation and instruments for elemental spectroscopy fit well with Teledyne's existing environmental instrumentation product lines covering organic compound sample preparation and other laboratory applications," said Robert Mehrabian, chairman, president and chief executive officer of Teledyne.