Teledyne Technologies [TDY] on Wednesday said it has agreed to acquire Quantum Data, a designer and manufacturer of electronic test and measurement instrumentation, expanding its test solutions.
Terms of the deal, which is expected to close in April, were not disclosed.
Illinois-based Quantum Data serves a range of customers in the semiconductor, broadcast, electronics, and aerospace and defense industries.
“Quantum Data will build upon the recent acquisition of Frontline Test Equipment, a leader in wireless protocol test, bolstering recognition of Teledyne LeCroy as the leader in a full suite of protocol test solutions,” Robert Mehrabian, chairman, president and CEO of Teledyne, said in a statement. He said the acquisition will expand the products that Teledyne LeCroy can support with various protocol test tools.