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May 14th, 2013
 
Teledyne acquires Axiom IC
 
Teledyne Technologies Incorporated (NYSE:TDY) announced that its subsidiary, Teledyne DALSA B.V., has acquired Axiom IC B.V., a fabless semiconductor company that develops high-performance CMOS mixed-signal integrated circuits. Terms of the transaction were not disclosed.
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Located in Enschede, the Netherlands, Axiom IC was founded in 2007 and is a spin-off from the University of Twente. Axiom IC’s customers include global companies in a number of industries, including space systems, wireless communications, automotive and medical technologies. Axiom has delivered important design breakthroughs including high speed, high resolution analog to digital converters and advanced audio signal processing chips.

The acquisition of Axiom adds an innovative team of skilled engineers to Teledyne,” said Robert Mehrabian, chairman, president and chief executive officer of Teledyne. “While continuing to serve external customers, Axiom will provide additional resources to benefit both our digital imaging and electronic test & measurement instrumentation businesses.

The Axiom team will further enhance our ability to bring to our customers innovative and highly differentiated CMOS-based image sensor and camera products,” said Brian Doody, chief executive officer of Teledyne DALSA, Inc. “Axiom’s unique mixed-signal design expertise and experience represent a valuable strengthening of our design capabilities across the company, complementing our existing expertise in CMOS image sensor design, high voltage driver chips for MEMS, and embedded software development.


 
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