|VariSystems Acquired by Teledyne Technologies Inc.||Mar. 01, 2012|
|VariSystems, a manufacturer of custom cabling, in Calgary, Alberta has been acquired by Teledyne Technologies Inc. of Thousand Oaks, California.
Teledyne is a $1.8-Billion company providing sophisticated electronic subsystems, instrumentation and harsh environment interconnection products for use in defense, aerospace, environmental, industrial and nuclear applications.
VariSystems has experienced tremendous growth over the past three years with its ruggedized cable and cable assembly interconnect solutions. The company stated that with Teledyne’s wide-ranging resources, VariSystems will be better poised to embrace future growth.
Moving forward the company will be known as Teledyne VariSystems; but will maintain the same contact information.