Teledyne completes acquisition of TransponderTech from Saab

Teledyne Technologies (TDY) announced the completion of the acquisition of the TransponderTech business from Saab (SAABF). The newly acquired business Teledyne FLIR TransponderTech AB will join Teledyne’s Raymarine, FLIR Marine, ChartWorld and Teledyne CARIS brands, broadening the group’s maritime technology solutions. Based outside of Linkoping Sweden, the company will market its products and solutions as FLIR TransponderTech. The brand will continue to innovate and deliver leading Automatic Identification System, VHF Data Exchange System, and Global Navigation Satellite System technologies. Going forward, FLIR TransponderTech will be well-positioned to continue to pioneer maritime communication solutions for civil and military customers in shipping, marine traffic, airborne and space segments.