Teledyne Technologies has acquired the business and substantially all of the assets of The Oceanscience Group, a company specialized in the design and manufacture of marine sensor platforms and unmanned surface vehicles.
Teledyne provides sophisticated instrumentation, digital imaging products and software, aerospace and defense electronics, and engineered systems.
The acquisition will provide Oceanscience team with the opportunity to continue developing innovative, industry-leading products and to accelerate the company’s growth as part of Teledyne, company officials said.
The acquisition complements Teledyne’s recent investment in Ocean Aero and the pending acquisition of Bolt Technology and its Seabotix division and helps the company expand its portfolio of remotely operated and autonomous marine systems.
Robert Mehrabian, chairman, president and chief executive officer of Teledyne, said, “Specifically, Oceanscience adds unmanned surface vessels to our line of profiling floats, battery-powered autonomous underwater vehicles and market-leading autonomous gliding vehicles.”
Ron George, President of Oceanscience, said, “After working closely with Teledyne for 16 years, the entire Oceanscience team is excited about the opportunity to continue developing innovative, industry-leading products and to accelerate the company’s growth as part of Teledyne.”