Teledyne acquires Tindall Technologies

THOUSAND OAKS, Calif., 27 June 2007. Teledyne Technologies Inc.'s subsidiary, Teledyne Cougar Inc., has completed the acquisition of Tindall Technologies Inc., a designer and supplier of microwave subsystems for defense applications. Terms of the transaction were not disclosed.
June 27, 2007

THOUSAND OAKS, Calif., 27 June 2007.Teledyne Technologies Inc.'s subsidiary, Teledyne Cougar Inc., has completed the acquisition of Tindall Technologies Inc., a designer and supplier of microwave subsystems for defense applications. Terms of the transaction were not disclosed.

Tindall designs and manufactures high performance Instantaneous Frequency Measurement (IFM) based systems and subsystems, including integrated frequency locked sources and set-on receiver-jammers used for U.S. Navy and Air Force training.

Following the acquisition, it is anticipated that the Tindall operations, based in Pleasanton, Calif., will be consolidated with the operations of Teledyne Cougar in Sunnyvale, Calif. Tindall Technologies had revenue of $2.7 million for its fiscal year ended December 2006.

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