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An update from Micropac Industries ( (MPAD) ) is now available.
Teledyne Technologies has completed its acquisition of Micropac Industries for approximately $57.3 million. The merger will allow Micropac to leverage Teledyne’s market reach and technical capabilities while continuing operations under its own name in Garland, Texas. This acquisition is expected to enhance Teledyne’s capabilities in providing sophisticated digital imaging products and aerospace and defense electronics.
More about Micropac Industries
Micropac Industries, located in Garland, Texas, is a diversified high-tech company specializing in high-reliability microcircuit products, electronic assemblies, sensors, displays, and optoelectronic components. The company serves a variety of sectors, including military/aerospace, space, medical, and industrial applications.
YTD Price Performance: 74.49%
Average Trading Volume: 5,847
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $51.44M
For an in-depth examination of MPAD stock, go to TipRanks’ Stock Analysis page.
