financetom
Business
financetom
/
Business
/
Teledyne Technologies to Buy Saab's TransponderTech Maritime Unit
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Teledyne Technologies to Buy Saab's TransponderTech Maritime Unit
Aug 28, 2025 6:11 AM

08:28 AM EDT, 08/28/2025 (MT Newswires) -- Teledyne Technologies ( TDY ) said Thursday it will acquire TransponderTech, a maritime communications business from Saab.

Financial terms of the transaction were not disclosed.

The company said Sweden-based TransponderTech offers Safety of Life at Sea-certified navigation and communication systems, including an Automatic Identification System, VHF Data Exchange System, and Global Navigation Satellite System technologies for use in commercial, military, and airborne applications.

The business will be integrated into Teledyne FLIR's Maritime group, which includes Raymarine, FLIR Marine, and ChartWorld, the company said, adding that the deal is expected to close in Q4.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Trump order looks to tap coal in quest to power data centers, Bloomberg News reports
Trump order looks to tap coal in quest to power data centers, Bloomberg News reports
Apr 8, 2025
(Reuters) - U.S. President Donald Trump is seeking to expand the mining and use of coal inside the country in a bid to power the boom in data centers, Bloomberg News reported on Tuesday, citing a senior White House official. In an executive order that Trump is expected to sign on Tuesday afternoon, he will set out a number of...
Nyxoah Expects to Meet Final FDA Requirements for Sleep Apnea Treatment Device Approval in Q2
Nyxoah Expects to Meet Final FDA Requirements for Sleep Apnea Treatment Device Approval in Q2
Apr 8, 2025
04:38 AM EDT, 04/08/2025 (MT Newswires) -- Nyxoah ( NYXH ) said Tuesday it is actively addressing the validation of a process used with a component of its Genie obstructive sleep apnea treatment device at its US manufacturing site ahead of potential US Food and Drug Administration marketing approval. The company said it is confident of completing the validation in...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Airbus signs provisional deal with Amazon to provide connectivity to airlines
Airbus signs provisional deal with Amazon to provide connectivity to airlines
Apr 8, 2025
HAMBURG (Reuters) - Airbus said on Tuesday it had signed a provisional deal with Amazon ( AMZN ) to provide connectivity to airlines via the tech giant's planned Kuiper constellation of satellites.The plan to enhance Airbus' High Bandwidth Connectivity Plus programme was announced at a major cabin interiors exhibition in Hamburg. ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved