Teledyne Acquires DD-Scientific

Key Terms

electrochemical gas sensors technical

Electrochemical gas sensors are devices that detect and measure specific gases by producing a tiny electrical signal when the target gas reacts with a chemical layer inside the sensor. They matter to investors because they are used in safety equipment, environmental monitoring, medical devices and industrial controls—so demand, regulation, and reliability affect sales and liability; think of them as the electronic “noses” companies sell or rely on for compliance and safety.

optical gas imaging cameras technical

Special cameras that make invisible gas leaks visible by detecting how certain gases interact with light or heat, producing an image that shows plumes or leaks you couldn’t see with the naked eye. Investors care because these devices help companies find and fix leaks faster, reducing safety risks, regulatory fines, environmental damage and lost product — like using a smoke detector for gases, which can protect operations and costs.

THOUSAND OAKS, Calif.--(BUSINESS WIRE)-- Teledyne Technologies Incorporated (NYSE:TDY) (“Teledyne”) announced today the acquisition of DD-Scientific Holdings Limited and its subsidiary DD-Scientific Limited. DD-Scientific, founded in 2011 and headquartered in Fareham, United Kingdom, develops and manufactures high-performance gas sensors for critical applications in industries that demand absolute accuracy. Terms of the transaction were not disclosed.

DD-Scientific produces high-quality, reliable and cost-effective electrochemical gas sensors that help improve health, safety and efficiency across a multitude of industries. Applications include toxic gas detection for industrial safety, medical-grade sensors for healthcare, and trace gas sensors for ambient air quality and emissions monitoring for environmental compliance.

“Since Teledyne’s first acquisition in 2001, our environmental, industrial process and gas & flame detection instrumentation businesses have performed extremely well,” said George Bobb, President and Chief Executive Officer. “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.”

About Teledyne

Teledyne is a leading provider of sophisticated digital imaging products and software, instrumentation, aerospace and defense electronics, and engineered systems. Teledyne’s operations are primarily located in the United States, Canada, the United Kingdom, and Western and Northern Europe. For more information, visit Teledyne’s website at www.teledyne.com.

Forward-Looking Statements Cautionary Notice

This press release contains forward-looking statements, as defined in the Private Securities Litigation Reform Act of 1995, relating to the acquisition of a business. Actual results could differ materially from these forward-looking statements. Many factors, including the ability of Teledyne and the acquired businesses to achieve anticipated synergies and Teledyne’s ability to integrate the acquired businesses, as well as market and economic conditions beyond Teledyne’s control, could change anticipated results. There are additional risks associated with operating businesses internationally, including those arising from United States and foreign government policy and regulatory changes or actions and exchange rate fluctuations.

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Jason VanWees

Vice Chairman

(805) 373-4542

Source: Teledyne Technologies Incorporated