Waterloo's DALSA acquired for $341 Million

by Rob Lewis | Business

In September Waterloo's DALSA Corporation denied that the company in discussions with respect to any strategic transaction, including a potential acquisition.

Looks like that claim wasn't true for long.

This morning Teledyne Technologies announced that it will acquire DALSA Corporation for approximately CAD $341 million. Headquartered in Waterloo, the digital imaging and microelectromechanical systems company employs approximately 1,000 people worldwide and had sales of approximately CAD $201 million for the twelve months ended September 30, 2010.

California-based Teledyne Technologies designs and manufacturers electronic subsystems, instrumentation and communication products, engineered systems, aerospace engines, and energy and power generation systems, primarily in the U.S., UK and Mexico.

According to the companies’, the company will change its name to Teledyne DALSA but will retain its existing locations and management team.

DALSA Corporation
Tokyo, Tōkyō-to, Japan

DALSA Corporation is a technology company which sells components mainly in the Semiconductor and Electronics market space. These components include silicon chips and digital cameras. Further, the corporation sells processed silicon wafers and packaged silicon chips. These products use technologies in the areas of MEMs, High Voltage CMOS, Standard CMOS and CCD. The components are incorporated in... more

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Rob Lewis

Rob Lewis

Rob is the President of Techvibes Media and Editor-in-Chief of Techvibes.com.  His diverse background includes stints in International Trade Finance, Web Development, and Enterprise Software and he is a graduate of the University of British Columbia, British Columbia Institute of Technology, and Simon Fraser University. When not running Canada's leading technology media property, Rob can be... more

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