|By Business Wire||
|August 18, 2014 04:00 PM EDT||
Teledyne Technologies Incorporated (NYSE:TDY) announced today that its subsidiary, Teledyne RESON GmbH, has acquired assets of ATLAS HYDROGRAPHIC GmbH. Based in Bremen, Germany, ATLAS HYDROGRAPHIC GmbH designs, manufactures, and integrates marine sonar systems for mid and deep water applications. Terms of the transaction were not disclosed.
ATLAS HYDROGRAPHIC GmbH specializes in high-performance, customized, complete hydrographic survey systems for civil applications. ATLAS HYDROGRAPHIC GmbH’s products include advanced multi-beam echo sounders and sub-bottom profilers suitable for marine imaging to extreme depths of the greatest ocean trenches, as well as beneath the ocean floor.
“This acquisition further strengthens our marine acoustic imaging business, and significantly enhances our deep water sonar capabilities,” said Robert Mehrabian, Chairman, President and Chief Executive Officer of Teledyne. “Specifically, ATLAS HYDROGRAPHIC GmbH brings unique technology, including high-power, multi-ping acoustic transmitters and leading deep water sub-bottom profilers for ocean survey and marine science applications.”
Teledyne Technologies is a leading provider of sophisticated instrumentation, digital imaging products and software, aerospace and defense electronics, and engineered systems. Teledyne Technologies’ operations are primarily located in the United States, Canada, the United Kingdom, and Western and Northern Europe. For more information, visit Teledyne Technologies’ website at www.teledyne.com.
Forward-Looking Statements Cautionary Notice
This press release contains forward-looking statements, as defined in the Private Securities Litigation Reform Act of 1995, relating to a recent acquisition. Actual results could differ materially from these forward-looking statements. Many factors, including the ability of Teledyne to achieve anticipated synergies, as well as market and economic conditions, could change anticipated results. There are additional risks associated with operating businesses internationally, including those arising from United States and foreign government policy and regulatory changes or actions and exchange rate fluctuations.
Dec. 10, 2016 02:45 PM EST Reads: 861
Dec. 10, 2016 02:45 PM EST Reads: 1,226
Dec. 10, 2016 02:30 PM EST Reads: 2,041
Dec. 10, 2016 01:45 PM EST Reads: 659
Dec. 10, 2016 01:00 PM EST Reads: 388
Dec. 10, 2016 01:00 PM EST Reads: 1,238
Dec. 10, 2016 12:45 PM EST Reads: 2,137
Dec. 10, 2016 12:30 PM EST Reads: 1,966
Dec. 10, 2016 12:15 PM EST Reads: 7,468
Dec. 10, 2016 12:15 PM EST Reads: 2,281
"MathFreeOn.com is a line coding platform for engineers and scientists. When they want to solve an engineering problem and they have to use software - they have to pay a lot of money for licenses - but with MathFreeOn you don't have to pay a lot of money. Just go to our site and write the code and you can check the result right away," explained Simon Lee, CMO of MathFreeOn, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Cla...
Dec. 10, 2016 12:00 PM EST Reads: 491
SYS-CON Events announced today that Dataloop.IO, an innovator in cloud IT-monitoring whose products help organizations save time and money, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Dataloop.IO is an emerging software company on the cutting edge of major IT-infrastructure trends including cloud computing and microservices. The company, founded in the UK but now based in San Fran...
Dec. 10, 2016 12:00 PM EST Reads: 783
Dec. 10, 2016 12:00 PM EST Reads: 1,092
Dec. 10, 2016 12:00 PM EST Reads: 2,400
20th Cloud Expo, taking place June 6-8, 2017, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy.
Dec. 10, 2016 12:00 PM EST Reads: 2,412