Teledyne Technologies Announces Acquisition of Varex Imaging in All‑Cash Deal

What Happened
Teledyne Technologies Incorporated announced on August 10, 2026 that it and Detect Merger Sub, Inc. (a wholly owned subsidiary) and Varex Imaging Corporation executed a definitive merger agreement under which Teledyne will acquire Varex in an all‑cash transaction. The announcement was made via a joint press release, which is attached to the Form 8‑K as Exhibit 99.1. The disclosure was filed under Item 7.01 (Regulation FD disclosure).

Key Details

• Definitive merger agreement executed on August 10, 2026.
• Acquirer: Teledyne Technologies Incorporated (through Detect Merger Sub, Inc.); Target: Varex Imaging Corporation.
• Transaction described as an all‑cash acquisition.
• Press release attached to the 8‑K as Exhibit 99.1; the filing notes the transaction is subject to the terms and conditions in the Merger Agreement.

Why It Matters
This 8‑K signals a material corporate transaction for Teledyne that could affect future revenue, product offerings, and integration plans once terms are disclosed and the deal closes. The filing did not disclose purchase price or detailed financial terms; investors should watch for subsequent filings (e.g., definitive merger agreements, proxy statements, or Form 8‑Ks) that provide the purchase price, closing conditions, regulatory or shareholder approvals, and timing.