Teledyne Acquires Micralyne
8 September, 2019
“The acquisition of Micralyne solidifies Teledyne as the number one independent multi-product MEMS foundry in the world.”
Teledyne Technologies announced that its subsidiary, Teledyne Digital Imaging, Inc., has acquired Micralyne, Based in Alberta, Canada. Micralyne is a privately-owned foundry providing Micro Electro Mechanical Systems or MEMS devices. It possesses a unique microfluidic technology for biotech applications, as well as capabilities in non-silicon-based MEMS often required for human body compatibility.
“Micralyne’s technology, processes, and strong product development pipeline ideally complement Teledyne’s state of the art 200 mm (8 inch) manufacturing capability and expertise,” said Robert Mehrabian, Executive Chairman of Teledyne. “The acquisition of Micralyne solidifies Teledyne as the number one independent multi-product MEMS foundry in the world.”
Micralyne was established in 1982. It had developed a modular approach to MEMS design and enable a semi-custom device implementation. By standardizing specific process steps and structures, Micralyne reduces the need to create a new process for each design. MEMS devices contain miniaturized mechanical and electro-mechanical elements.
Teledyne’s existing MEMS foundry in Bromont, Quebec, supplies major companies with high-volume MEMS manufacturing for a wide range of applications including consumables used in life sciences and semiconductor fabrication. In its annual research report, the Status of the MEMS Industry 2019, Yole Développement cited Teledyne as a leading pure-play foundry for MEMS.
Teledyne provides sophisticated instrumentation, digital imaging products and software, aerospace and defense electronics, and engineered systems. In August 1, 2019 it announced the successful completion of the gas and flame detection business of 3M for $230 million in cash.