THOUSAND OAKS, Calif. – June 5, 2018 – Teledyne Technologies Incorporated (NYSE:TDY) announced today that its subsidiary, Teledyne DALSA, Inc., was ranked the number two global independent pure-play semiconductor foundry for Micro Electro Mechanical Systems or MEMS. Yole Développement, a market research firm specializing in MEMS, cited Teledyne DALSA in its annual research report, the Status of the MEMS Industry 2018. Teledyne's ranking climbed to number two from number three in 2017 and number four in 2012.
MEMS devices, which contain miniaturized mechanical and electro-mechanical elements, are manufactured using unique microfabrication techniques and process expertise. Teledyne DALSA's MEMS foundry in Bromont, Quebec, supplies major companies with high-volume MEMS manufacturing for a wide range of applications including micro-fluidic devices for life sciences, micro-mirrors for telecommunication, specialty inertial sensors and consumables used in semiconductor fabrication.
“Through increased investment and collaboration among Teledyne, our customers and government partners, we are delighted to see our business and market share grow," said Robert Mehrabian, Chairman and Chief Executive Officer of Teledyne. “Teledyne has manufactured MEMS devices for over 20 years, and our current capabilities include state of the art 200 mm
(8 inch) processing tools and extensive intellectual property."
About Teledyne DALSA
Teledyne DALSA is an international technology leader in sensing, imaging, and specialized semiconductor fabrication. Our image sensing solutions span the spectrum from infrared through visible to X-ray; our MEMS foundry has earned a world-leading reputation. Teledyne DALSA employs approximately 1,400 employees worldwide and is headquartered in Waterloo, Canada. Teledyne DALSA is part of the Teledyne Imaging Group. For more information, visit www.teledynedalsa.com.
About Teledyne Technologies Incorporated
Teledyne Technologies is a leading provider of sophisticated instrumentation, digital imaging products and software, aerospace and defense electronics, and engineered systems. Teledyne Technologies' operations are primarily located in the United States, the United Kingdom, Canada, and Western and Northern Europe. For more information, visit Teledyne Technologies' website at www.teledyne.com.
Investor Contact: Jason VanWees (805) 373-4542