Teledyne To Acquire Xena Networks

By Author: Otis
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Teledyne Technologies Incorporated (NYSE: TDY) has recently announced its acquisition of Xena Networks ApS, a prominent provider of high-speed Terabit Ethernet validation, quality assurance, and production test solutions. This strategic move is aimed at strengthening Teledyne's position in the protocol test market and expanding its offerings in Ethernet system validation, quality assurance, and production line testing of Ethernet components and systems.

Teledyne's Chairman, President, and Chief Executive Officer, Robert Mehrabian, expressed enthusiasm for the acquisition, highlighting how it would reinforce the company's presence in the protocol test market. This expansion is expected to benefit Ethernet system validation engineers, quality assurance labs, and production lines involved in testing, evaluating, and accepting Ethernet components and systems. Mehrabian emphasized that this move builds upon Teledyne's previous acquisitions, such as LeCroy in 2012, which added valuable protocol test businesses, including PCI Express, USB, storage, and networking technologies.

The acquisition of Xena Networks is seen ...
... as a strategic addition to Teledyne's existing protocol test portfolio. Teledyne LeCroy's protocol test business has grown over the years through various acquisitions, encompassing Quantum Data for video, Frontline for Bluetooth and WiFi, and OakGate for storage device testing solutions. With Xena Networks now in the fold, Teledyne aims to further strengthen its position as a comprehensive provider of protocol test solutions.

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