Teledyne Technologies Inc. (TDY) announced that it has acquired the assets of Demo Systems LLC. Terms of the transaction were not disclosed.
Teledyne Technologies purchased the Demo Systems name, and the acquired business will be combined with Teledyne Controls. Demo Systems had sales of $7.3 million for its fiscal year ended December 31, 2007.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.