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Electronics Production | October 31, 2005

Teledyne acquires Microwave<br> Technical Solutions Assets from Avnet

Teledyne Technologies Incorporated announced today that Teledyne, through its subsidiary Teledyne Cougar, Inc., has acquired certain assets of the microwave technical solutions ("MTS") business of Avnet, Inc. Terms of the transaction were not disclosed.

The acquisition includes Avnet MTS' line of standard RF and microwave components, as well as high reliability screening and value-added testing services, for military and industrial customers. Following the acquisition, it is anticipated that the majority of Avnet MTS' operations, based in San Jose, Calif., will be consolidated with the operations of Teledyne Cougar in Sunnyvale, Calif. Teledyne Technologies is a leading provider of sophisticated electronic components, instruments and communication products, systems engineering solutions, aerospace engines and components and on-site gas and power generation systems. Teledyne Technologies has operations in the United States, the United Kingdom, Mexico and Canada.
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