About This Deal

TELEDYNE TECHNOLOGIES INC acquired The Oceanscience Group Ltd. (Oceanscience), a transaction completed in October 2014, structured as Acquisition of the business and substantially all assets by a Teledyne subsidiary..

The Oceanscience Group Ltd. (Oceanscience) operates in Instrumentation, is based in Carlsbad, California, USA. A Teledyne subsidiary acquired the business and substantially all of the assets of The Oceanscience Group Ltd., a Carlsbad, California designer and manufacturer of marine sensor platforms and unmanned surface vehicles. Oceanscience makes remotely-controlled and tethered instrumentation-deployment vehicles used for current measurement, seafloor mapping and analysis of parameters such as salinity.

Adds unmanned surface vessels to Teledyne's portfolio of profiling floats, autonomous underwater vehicles and autonomous gliders, broadening its remotely-operated and autonomous marine systems.

Deal Terms

Acquirer
TELEDYNE TECHNOLOGIES INC
Target
The Oceanscience Group Ltd. (Oceanscience)
Value
Not disclosed
Date
October 2014
Type
Acquisition
Status
Official-source — no SEC filing

Transaction Details

Target HQ
Carlsbad, California, USA
Segment
Instrumentation
Structure
Acquisition of the business and substantially all assets by a Teledyne subsidiary.
Closed
October 23, 2014

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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