Teledyne Completes Acquisition of TransponderTech from Saab
Teledyne Technologies Incorporated (TDY)
Last teledyne technologies incorporated earnings: 4/22 06:55 am
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Source: Business Wire
THOUSAND OAKS, Calif.--(BUSINESS WIRE)--Teledyne Technologies Incorporated (NYSE:TDY) (“Teledyne”) announced today the successful completion of the acquisition of the TransponderTech business from Saab AB. The newly acquired business Teledyne FLIR TransponderTech AB will join Teledyne’s Raymarine, FLIR Marine, ChartWorld and Teledyne CARIS brands, broadening the group’s maritime technology solutions.Based outside of Linköping Sweden, the company will market its products and solutions as FLIR TransponderTech. The brand will continue to innovate and deliver leading Automatic Identification System (AIS), VHF Data Exchange System (VDES), and Global Navigation Satellite System (GNSS) technologies. Going forward, FLIR TransponderTech will be well-positioned to continue to pioneer maritime communication solutions for civil and military customers in shipping, marine traffic, airborne and space segments.“We are delighted to welcome the TransponderTech team to the Teledyne family,” said Geo
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