WASHINGTON (dpa-AFX) - 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.
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