(RTTNews) - Teledyne Technologies Inc. (TDY) said that it agreed to buy ETM-Electromatic, Inc.
ETM, headquartered in Newark, California, designs and manufactures high-power microwave and high-energy X-ray subsystems for cancer radiotherapy, defense and X-ray security applications.
Teledyne will also acquire ETM's purpose-built manufacturing facility from an affiliate of ETM and its owners.
Terms of the transactions were not disclosed.
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