TDY

Teledyne Technologies Acquires UK-Based DD-Scientific

(RTTNews) - Teledyne Technologies Incorporated (TDY) on Wednesday announced the acquisition of DD-Scientific Holdings Limited and its subsidiary, DD-Scientific Limited, as the company continues to expand its gas-sensing and detection portfolio. Financial terms of the deal were not disclosed.

Founded in 2011 and headquartered in Fareham, United Kingdom, DD-Scientific designs and manufactures high-performance electrochemical gas sensors for applications that require exceptional accuracy and reliability. The company's products are widely used in toxic gas detection for industrial safety, medical-grade sensing for healthcare applications, and trace gas measurement for ambient air quality and emissions monitoring.

DD-Scientific is also known for its lead-free electrochemical sensor technology, which supports environmental sustainability and helps customers meet increasingly stringent regulatory requirements.

President and Chief Executive Officer George Bobb said the addition of DD-Scientific's technology will broaden Teledyne's offerings across several end markets, including power generation, petrochemicals, semiconductors, and medical industries.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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