Business and Finance

Teledyne Acquires Reson

February 1, 2013 By International Dredging Review

Teledyne Technologies Incorporated (NYSE:TDY) and the shareholders of RESON A/S jointly announced on January 29 that they have entered into a definitive agreement for the acquisition of RESON by a wholly-owned subsidiary of Teledyne. RESON headquartered in Slangerup Denmark provides high‐resolution marine acoustic imaging and measurement solutions. Terms of the transaction were not disclosed. The closing of the transaction which is subject to customary conditions is anticipated to occur in the first quarter of 2013.