Teledyne Technologies said it will buy Varex Imaging for about $1.1 billion, inclusive of equity awards and debt.

Buying Varex will increase Teledyne’s exposure to the healthcare market. Teledyne said the companies’ imaging technologies complement each other with minimal overlap.

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Shutterstock. Teledyne Technologies (TDY) has agreed to acquire X-ray imaging components manufacturer Varex Imaging (VREX) in a $1.1 billion ...

Aug 10 (Reuters) - Sensing-systems maker Teledyne Technologies agreed to acquire Varex Imaging for $18.90 per share in an all-cash transaction valued at approximately $1.1 billion, the companies said ...