M&A Deal Summary

Teledyne Technologies Acquires Benthos

On November 2, 2005, Teledyne Technologies acquired electrical equipment company Benthos for 31M USD

Acquisition Highlights
  • This is Teledyne Technologies’ 5th transaction in the Electrical Equipment sector.
  • This is Teledyne Technologies’ 15th largest (disclosed) transaction.
  • This is Teledyne Technologies’ 14th transaction in the United States.
  • This is Teledyne Technologies’ 1st transaction in Massachusetts.

M&A Deal Summary
Date 2005-11-02
Target Benthos
Sector Electrical Equipment
Buyer(s) Teledyne Technologies
Deal Type Add-on Acquisition
Deal Value 31M USD

Target

Benthos

North Falmouth, Massachusetts, United States
Benthos, Inc. designs and manufactures rugged, reliable oceanographic infrastructure and subsea solutions for marine environments. Benthos products include: acoustic releases, acoustic telemetry modems, acoustic positioning systems, hydrophones, glass flotation spheres and instrument housings, locating devices, and remotely operated vehicles.

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Buyer(S) 1

Buyer

Teledyne Technologies

Thousand Oaks, California, United States
Category Company
Founded 1960
Sector Test/Measurement Equipment
Employees14,900
Revenue 5.6B USD (2023)
DESCRIPTION
Entrance to Teledyne's corporate campus in Thousand Oaks, California.
Entrance to Teledyne's corporate campus in Thousand Oaks, California.

Teledyne Technologies provides enabling technologies for the deepwater oil and gas exploration and production, oceanographic research, air and water quality environmental monitoring, electronics design and development, factory automation and medical imaging markets. The Company's products include monitoring and control instrumentation for marine and environmental applications, harsh environment interconnects, electronic test and measurement equipment, digital imaging sensors and cameras, aircraft information management systems, and defense electronic and satellite communication subsystems. Teledyne also supplies engineered systems for defense, space, environmental and energy applications. Teledyne Technologies was founded in 1960 and is based in Thousand Oaks, California.

DEAL STATS #
Overall 15 of 48
Sector (Electrical Equipment) 5 of 9
Type (Add-on Acquisition) 9 of 37
State (Massachusetts) 1 of 1
Country (United States) 14 of 29
Year (2005) 5 of 5
Size (of disclosed) 15 of 21
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-10-31 Avnet - Microwave Technical Solutions Assets

San Jose, California, United States

Avnet - Microwave Technical Solutions Assets is a line of standard RF and microwave components, as well as high reliability screening and value-added testing services, for military and industrial customers.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-05-01 KW Microwave

Poway, California, United States

KW Microwave designs and manufactures high performance microwave filters and integrated filter assemblies that are used in military electronic warfare, communication and navigation systems. KW has also recently developed and begun producing a line of filters for systems that are designed to counteract improvised explosive devices, which are of high concern to U.S. and allied military forces.

Buy -
Mergr

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