# Teledyne to acquire Micropac for $57.3 million

Teledyne Technologies has entered into a definitive merger agreement to acquire Micropac Industries for $20.00 per share in cash, valuing the company at approximately $57.3 million. The transaction is expected to close by the end of 2024.

- Type: Acquisition
- Announced: 2024-11-04
- Where: Garland, Texas, United States
- Value: $57.3M
- Status: announced
- Products: microelectronic circuits, optoelectronic components, sensor and display assemblies
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Teledyne Technologies](https://endata.com/companies/1748.md) (acquirer)
- [Micropac Industries](https://endata.com/companies/80992.md) (target)

## Sources

- [teledyne.com](https://www.teledyne.com/en-us/news/Pages/teledyne-to-acquire-micropac.aspx), 2024-11-04: "We will be delighted to welcome Micropac and its employees to the Teledyne family."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.