optoelectronic components

North Texas’ Micropac Industries Acquired by California Tech Company in $57M+ Deal

by | Jan 2, 2025

In an all-cash deal valued at more than $57 million, Garland’s Micropac Industries Inc. and California-based Teledyne Technologies Inc. have completed a previously announced merger of Micropac with a wholly owned subsidiary of Teledyne. 

Under the terms of the agreement, which was announced in early November, Micropac becomes a wholly owned Teledyne subsidiary....

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