Teledyne Technologies Incorporated (NYSE: TDY) announced on May 13 that its subsidiary, Teledyne DALSA, has acquired Axion IC, a fabless semiconductor company that develops CMOS mixed-signal integrated circuits.
Axiom IC was founded in 2007 and is a spin-off company from the University of Twente. Its customers include global companies in a number of industries, including space systems, wireless communications, automotive and medical technologies. The acquisition will allow Teledyne DALSA to expand and strengthen its product line, said Brian Doody, chief executive officer of Teledyne DALSA in a press release.
"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."
View the Teledyne press release.