Business and Finance

Teledyne Acquires Atlas Hydrographic

Teledyne RESON GmbH subsidiary of Teledyne Technologies Inc. acquired the assets of Atlas Hydrographic GmbH based in Bremen Germany. Atlas designs and manufactures marine sonar systems for mid and deep water applications specializing in complete hydrographic survey systems for civil applications. Atlas products include advanced multi-beam echo sounders and sub-bottom profilers.

“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.”