LOS ANGELES, 12 March 2007.Teledyne Technologies Inc.'s subsidiary, Teledyne Instruments Inc., has entered into an agreement to acquire the assets of D.G. O'Brien Inc. (DGO). DGO, headquartered in Seabrook, N.H., is a manufacturer of electrical and fiber-optic interconnect systems, primarily for subsea military applications. Terms of the transaction were not disclosed, and the closing of the transaction is subject to various conditions.
D.G. O'Brien designs and manufactures interconnect systems that transmit signals, data, and power in applications requiring extreme reliability. DGO's interconnect products typically bridge isolated environments which absolutely cannot intermingle or be breached, such as between the inside and outside of a submarine.
DGO's connectors and feedthrough systems utilize proprietary glass-to-metal seal technology. DGO had sales of $26.2 million for its fiscal year ended September 2006. After the closing, the acquired business will operate under the name Teledyne D.G. O'Brien.
Teledyne Technologies is a provider of electronic components, instruments, and communication products, systems engineering solutions, aerospace engines and components, and on-site gas and power-generation systems.
