On August 10, 2026, Teledyne Technologies Incorporated and Varex Imaging Corporation announced a definitive merger agreement under which Teledyne will acquire all outstanding common shares of Varex for $18.90 per share in an all-cash transaction. The aggregate value is approximately $1.1 billion, accounting for equity awards and net debt as of April 3, 2026. Both boards unanimously approved the deal, which is expected to close in early 2027 subject to customary conditions including regulatory approvals and shareholder consent. Teledyne Technologies Incorporated operates in the technology sector, providing sophisticated digital imaging products, instrumentation, aerospace and defense electronics, and engineered systems.

Teledyne Technologies Incorporated reported second quarter 2026 financial results with net sales of $1,662.5 million, a 9.8% increase compared to the same period in 2025. GAAP diluted earnings per share (EPS) reported for the quarter, was $5.37, while non-GAAP diluted EPS was $6.28, representing a 20.8% increase year-over-year. The company management has raised its full-year 2024 2026 GAAP diluted EPS outlook to a range of $20.73 to $20.99. Teledyne Technologies is a manufacturer of high-technology solutions for a variety of industries, professional-use imaging, and aerospace and defense. }