# Teledyne completes acquisition of Micropac for $57.3 million

Teledyne Technologies completed its acquisition of Micropac Industries, Inc. for $20.00 per share in cash, valuing Micropac at approximately $57.3 million. Micropac designs and manufactures microelectronic circuits, optoelectronic components, and sensor and display assemblies for military, aerospace, and medical applications.

- Type: Acquisition
- Announced: 2024-12-30
- Where: Garland, Texas, United States
- Value: $57.3M
- Status: completed
- Products: microelectronic circuits, optoelectronic components, sensor and display assemblies
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md), [Aerospace Components](https://endata.com/sectors/aerospace-components.md), [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

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

## Sources

- [businesswire.com](https://www.businesswire.com/news/home/20241230232146/en/Teledyne-Completes-Acquisition-of-Micropac), 2024-12-30: "Teledyne Technologies Incorporated and Micropac Industries, Inc. jointly announced today the successful completion of the previously announced merger of Micropac with a wholly-owned subsidiary of Teledyne."

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