Teledyne LeCroy Acquires OakGate Technology

January 6, 2020

Teledyne Technologies' subsidiary Teledyne LeCroy has acquired OakGate Technology, a Loomis, California-based provider of test, validation and benchmarking appliances and software for the electronic storage and data center markets. The deal expands Teledyne LeCroy's test and benchmarking capabilities, enabling more comprehensive system-level performance, validation and production testing solutions for storage OEMs and data centers.

Buyers
Teledyne Technologies Incorporated, Teledyne LeCroy, Inc.
Targets
OakGate Technology, Inc.
Location
California, United States
Transaction Type
Buyout

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