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  6. Bolt Technology Acquires SeaBotix

M&A Deal Summary

Bolt Technology Acquires SeaBotix

On January 6, 2011, Bolt Technology acquired electrical equipment company SeaBotix

Acquisition Highlights
  • This is Bolt Technology’s 1st transaction in the Electrical Equipment sector.
  • This is Bolt Technology’s 1st transaction in the United States.
  • This is Bolt Technology’s 1st transaction in California.

M&A Deal Summary
Date 2011-01-06
Target SeaBotix
Sector Electrical Equipment
Buyer(s) Bolt Technology
Deal Type Add-on Acquisition

Target

SeaBotix

San Diego, California, United States
SeaBotix, Inc. is a manufacturer of MiniROV systems with a pedigree of underwater expertise.

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Buyer(S) 1

Buyer

Bolt Technology

Norwalk, Connecticut, United States
Category Company
Founded 1960
Sector Energy Services and Equipment
Employees201
DESCRIPTION

Bolt Technology Corp. is a developer and manufacturer of marine seismic data acquisition equipment used for offshore oil and natural gas exploration. Bolt, through its SeaBotix Inc. subsidiary, is also a developer and manufacturer of remotely operated robotic vehicles systems used for a variety of underwater tasks.

DEAL STATS #
Overall 1 of 1
Sector: Electrical Equipment M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2011 M&A 1 of 1
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