Teledyne Technologies to Acquire TransponderTech from Saab, Expanding Maritime Capabilities
Reuters
Aug 28
Teledyne Technologies to Acquire TransponderTech from Saab, Expanding Maritime Capabilities
Teledyne Technologies Incorporated (NYSE: TDY) has announced an agreement to acquire the TransponderTech business from Saab AB. TransponderTech, based in Sweden, offers SOLAS-certified communications and navigation solutions for commercial maritime, military, and airborne applications. The acquisition includes a portfolio of connected commercial maritime products featuring Automatic Identification System $(AIS)$, VHF Data Exchange System (VDES), and Global Navigation Satellite System $(GNSS)$ technologies. The transaction, expected to close in the fourth quarter of 2025, will see TransponderTech become part of Teledyne FLIR's Maritime group, which includes Raymarine, FLIR Marine, and ChartWorld. Grégoire Outters, Vice President and General Manager of Teledyne FLIR Maritime and Raymarine, stated that the acquisition will enhance the safety, efficiency, and operational reach of Teledyne's maritime customers.
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