WASHINGTON (dpa-AFX) - Teledyne Technologies Inc. (TDY), a provider of sophisticated instrumentation, digital imaging products and software, aerospace and defense electronics, announced Wednesday that Teledyne LeCroy, Inc. has entered into an agreement to acquire the assets of Quantum Data, Inc. Terms of the transaction were not disclosed.
Elgin, Illinois-based Quantum Data provides electronic test & measurement instrumentation, as well as video protocol analysis test tools. The closing of the transaction, which is subject to customary conditions, is anticipated to occur in April 2016.
The company noted that protocol analyzers are used by engineers to troubleshoot data communication systems and test device interoperability, compliance and interference.
Quantum Data provides signal generators and protocol analyzers, as well as other test tools, for a range of digital video technologies, including High-Definition Multimedia Interface, Serial Digital Interface and DisplayPort.
Robert Mehrabian, Chairman, President and Chief Executive Officer of Teledyne, said, 'Quantum Data will build upon the recent acquisition of Frontline Test Equipment, a leader in wireless protocol test, bolstering recognition of Teledyne LeCroy as the leader in a full suite of protocol test solutions.'
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