Teledyne Technologies, Inc. [TDY], yesterday said it has agreed to acquire RESON A/S. a Denmark-based provider of marine acoustic imaging and measurement solutions, to complement the company’s marine instrumentation and digital imaging business.
Terms of the deal, which is expected to close in the first quarter of 2013, were not disclosed.
RESON provides products used in hydrography, offshore solutions, dredging, defense and security, autonomous and remotely operated vehicles, and marine research.
“RESON ideally complements both our marine instrumentation and digital imaging businesses, and will represent our third acquisition in the last 12 months focused on three dimensional imaging,” Robert Mehrabian, chairman, president and CEO of Teledyne, said in a statement. “With RESON, Teledyne will possess the ability to provide detailed 3D imaging solutions, ranging from full ocean depth survey, shallow water and coastal zone imaging, terrestrial and airborne mapping, and even deep space science applications.”
“RESON ideally complements both our marine instrumentation and digital imaging businesses, and will represent our third acquisition in the last 12 months focused on three dimensional imaging,” said Robert Mehrabian, chairman, president and chief executive officer of Teledyne.
RESON has business units in Britain, the United States, the Netherlands and Singapore.