Teledyne Enters Agreement To Acquire Xena Networks ApS; No Terms Disclosed
Portfolio Pulse from Benzinga Newsdesk
Teledyne Technologies Incorporated (TDY) has entered into an agreement to acquire Xena Networks ApS, a Denmark-based provider of high-speed Terabit Ethernet validation, quality assurance, and production test solutions. The terms of the deal were not disclosed.
October 03, 2023 | 9:16 pm
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Teledyne's acquisition of Xena Networks could potentially enhance its product portfolio and market reach. However, the financial impact is uncertain as the terms of the deal were not disclosed.
Acquisitions often provide companies with access to new markets, technologies, and customers, which can lead to increased revenues and growth. However, the financial impact of this acquisition on Teledyne is uncertain as the terms of the deal were not disclosed.
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