Teledyne purchases Rockwell Scientific

Teledyne Technologies Inc. purchased on Thursday the Thousand Oaks-based Rockwell Scientific Co. for $167.5 million cash. Rockwell Scientific provides research and development services for electronics, materials technology and information services. An imaging division based in Camarillo develops and manufactures infrared and visible light imaging sensors for surveillance applications. Rockwell Automation, Inc. and Rockwell Collins, Inc. jointly own Rockwell Scientific and will continue to fund research performed at Rockwell Scientific after the sale to Teledyne becomes final. Rockwell Scientific will become a core business of Teledyne, said Chairman, President and Chief Executive Officer Robert Mehrabian. “Rockwell Scientific’s extensive research and development capabilities for microwave and millimeter-wave semiconductors and very high-speed mixed signal circuits are complementary to several Teledyne business units manufacturing microwave components and subsystems for military radar, electronic warfare, and communications systems,” Mehrabian said.