||Thousand Oaks, CA — Teledyne Technologies Incorporated (NYSE: TDY) 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.
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.
Contact: Teledyne Technologies Inc., 1049 Camino Dos Rios, Thousand Oaks, CA 91360 805-373-4545 Web: http://www.teledyne.com or http://www.teledynedalsa.com