Acquiring Company
Teledyne Technologies Incorporated
Acquired Company
Varex Imaging
Thousand OaksSalt Lake CityManufacturingInformation TechnologySoftwareManufacturingMedical DeviceImage RecognitionDescription
Teledyne Technologies Incorporated announced a definitive agreement to acquire Varex Imaging Corporation. The deal values Varex at approximately $1.1 billion, with payment set at $18.90 per share in cash. This acquisition aims to enhance Teledyne's capabilities in imaging technologies.
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Based on deal dataFrequently asked
Who acquired Varex Imaging?
Varex Imaging was acquired by Teledyne Technologies Incorporated, based in Thousand Oaks. The deal was reported on August 10, 2026. Teledyne is a leading provider of sophisticated digital imaging products and software, instrumentation, aerospace and defense electronics, and engineered systems. Teledyne Technologies Incorporated is publicly traded (TDY) and operates in Manufacturing.
When did Teledyne Technologies Incorporated acquire Varex Imaging?
Teledyne Technologies Incorporated's acquisition of Varex Imaging was reported on August 10, 2026. Teledyne Technologies Incorporated announced a definitive agreement to acquire Varex Imaging Corporation. The deal values Varex at approximately $1.1 billion, with payment set at $18.90 per share in cash. 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.