Thousand Oaks, CA 12/6/16; Chatsworth, CA 12/7/16—Teledyne Technologies, a provider of instrumentation and systems, has purchased Hanson Research, a developer and supplier of dissolution testing systems and other products, for an undisclosed amount. “Hanson Research’s line of dissolution and diffusion instruments complement Teledyne’s portfolio of laboratory instrumentation businesses, including Teledyne CETAC’s automation systems, Teledyne Tekmar’s sample preparation instruments, and Teledyne Isco’s chromatography products,” stated Teledyne Chairman, President and CEO Robert Mehrabian. “Furthermore, Hanson Research will strengthen Teledyne’s relationships with global life sciences and pharmaceutical companies.” Hanson Research stated that the acquisition will allow it to expand resources and accelerate R&D. Hanson Research will retain its name and California-based operations. The company will be renamed Teledyne Hanson Research.

Keith Hamman, president of Teledyne Hanson Research and a long-term Hanson Research employee, will now run the company. He told IBO that the purchase gives Hanson Research “more resources to accelerate our extensive R&D pipeline.” Hanson Research has 46 employees.