TELEDYNE TECHNOLOGIES INC acquires OakGate Technology, Inc.

TELEDYNE TECHNOLOGIES INC acquired OakGate Technology, Inc. for $28.5 million, a transaction completed in January 2020, structured as Cash, net of cash acquired.

OakGate Technology, Inc. operates in Instrumentation, is based in Loomis, California. On January 5, 2020, Teledyne acquired OakGate Technology, Inc. Based in Loomis, California, OakGate provides software and hardware designed to test electronic data storage devices from development through manufacturing and end-use applications.

Extends the Test and Measurement product line within the Instrumentation segment with protocol validation and test tools for electronic data storage devices.

On January 5, 2020, we acquired OakGate Technology, Inc. ("OakGate") for $28.5 million in cash, net of cash acquired.Teledyne Technologies FY2020 Form 10-K, Note 3. Business Acquisitions

Advisory firms were not disclosed for this transaction.

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