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Teledyne to acquire Varex Imaging for $1.1 billion

PUBLIC · TDYAug 11, 2026•about 2 hours ago

Acquiring Company

Teledyne

Acquired Company

Varex Imaging

Thousand OaksSalt Lake CityManufacturingInformation TechnologySoftwareManufacturingMedical DeviceImage Recognition

Description

Teledyne has agreed to acquire Varex Imaging for approximately $1.1 billion. This takeover will enhance Teledyne's capabilities in the imaging technology sector. Varex Imaging specializes in X-ray imaging components for both medical and industrial use. The acquisition aims to strengthen Teledyne's position in the advanced imaging market.

Company Information

Company

Teledyne

Location

Thousand Oaks, California, United States

About

Teledyne is a leading provider of sophisticated digital imaging products and software, instrumentation, aerospace and defense electronics, and engineered systems. Teledyne’s operations are primarily located in the United States, Canada, the United Kingdom, and Western and Northern Europe. For more information, visit Teledyne’s website at www.teledyne.com.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Varex Imaging?

Varex Imaging was acquired by Teledyne, based in Thousand Oaks. The deal was reported on August 11, 2026. Teledyne is a leading provider of sophisticated digital imaging products and software, instrumentation, aerospace and defense electronics, and engineered systems. Teledyne is publicly traded (TDY) and operates in Manufacturing.

When did Teledyne acquire Varex Imaging?

Teledyne's acquisition of Varex Imaging was reported on August 11, 2026. Teledyne has agreed to acquire Varex Imaging for approximately $1.1 billion. This takeover will enhance Teledyne's capabilities in the imaging technology sector. Varex Imaging specializes in X-ray imaging components for both medical and industrial use. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Varex Imaging do?

Varex Imaging Corp. specializes in X-ray tubes, digital detectors, and image-processing software for diagnostic imaging equipment. The company serves the medical, industrial, defense, and security markets. It is publicly traded (VREX), operating in Manufacturing, and is based in Salt Lake City.

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