Teledyne Technologies Inc., the Thousand Oaks-based digital imaging company, recently announced that it acquired DD-Scientific Holdings Limited, as well as its subsidiary DD-Scientific Limited.
Terms of the deal were not disclosed. DD-Scientific Holdings Limited, which is headquartered in the United Kingdom, manufactures electrochemical gas sensors for the medical sector, emissions industry and the industrial workforce. Those gas sensors work to detect toxic gasses emitting unknowingly or monitor air quality and emissions, so companies are compliant with environmental regulations.
“Gas sensors are not only a critical technology component used in our environmental instruments, but such sensors are also an attractive consumable business with high recurring revenue,” Robert Mehrabian, Teledyne’s executive chairman, said in January during the company’s earnings call. “Turning to 2026, while it is still early, we are reasonably confident in our current outlook for both revenue and earnings.”
It’s one of many acquisitions Teledyne has made in the last two decades, and complements Teledyne’s product line of gas imaging cameras, sensors and instruments that support its manufacturing goals in power generation, semiconductors and medical assistance.
“Since Teledyne’s first acquisition in 2001, our environmental, industrial process, and gas and flame detection instrumentation businesses have performed extremely well,” George Bobb, president and chief executive of Teledyne, said in a statement.
About 80% of Teledyne’s sales are either domestic or sold to international customers through the company’s international locations. Only 16% of its sales are exported internationally.
