M&A Deal Summary

Teledyne Technologies Acquires CARIS

On April 8, 2016, Teledyne Technologies acquired software company CARIS

Acquisition Highlights
  • This is Teledyne Technologies’ 2nd transaction in the Software sector.
  • This is Teledyne Technologies’ 3rd transaction in Canada.
  • This is Teledyne Technologies’ 1st transaction in New Brunswick.

M&A Deal Summary
Date 2016-04-08
Target CARIS
Sector Software
Buyer(s) Teledyne Technologies
Deal Type Add-on Acquisition

Target

CARIS

Fredericton, New Brunswick, Canada
CARIS is a developer of marine mapping software. CARIS offers a highly effective solution for processing and robust quality control of sonar data and the creation and distribution of maps, charts, and, digital datasets.

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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 36 of 47
Sector (Software) 2 of 2
Type (Add-on Acquisition) 27 of 37
State (New Brunswick) 1 of 1
Country (Canada) 3 of 4
Year (2016) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-07 Frontline Test Equipment

Charlottesville, Virginia, United States

Frontline Test Equipment, Inc. is a provider of electronic test & measurement instrumentation and is a market leader in wireless protocol analysis test tools.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-12 e2v Technologies

Chelmsford, United Kingdom

e2v Technologies Plc is a provider of radio frequency (RF), microwave and sensing components and sub-systems.

Buy £627M
Mergr

Product

Company

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