Teledyne Buys Assets Of ATLAS HYDROGRAPHIC

(RTTNews) - Teledyne Technologies Inc. (TDY) said Monday that its subsidiary, Teledyne RESON GmbH, has acquired assets of ATLAS HYDROGRAPHIC GmbH, a Bremen, Germany-based manufacturer of marine sonar systems for mid and deep water applications.

Terms of the deal were not disclosed.

ATLAS HYDROGRAPHIC specializes in high-performance, customized, complete hydrographic survey systems for civil applications. Its products include advanced multi-beam echo sounders and sub-bottom profilers suitable for marine imaging to extreme depths of the greatest ocean trenches, as well as beneath the ocean floor.