Teledyne Acquires Underwater Imaging Firm Bowtech
THOUSAND OAKS, Calif., Feb. 3, 2015 — Teledyne Technologies Inc. has acquired Bowtech Products Ltd. of Aberdeen, Scotland. Terms of the transaction were not disclosed.
Bowtech designs and manufactures vision systems, including rugged cameras and LED lighting sources, for use on remotely operated vehicles in harsh underwater environments.
“Bowtech fills a product gap in our broad portfolio of marine technologies, adding optical underwater cameras to our wide range of acoustic imaging and sonar solutions,” said Teledyne CEO Robert Mehrabian. “Furthermore, as an established provider of subsea cameras, Bowtech can help accelerate the development of new underwater imaging products based on other digital imaging technologies within Teledyne.”
Teledyne develops instrumentation, digital imaging products and software, aerospace and defense electronics, and engineered systems. For more information, visit www.teledyne.com.