Teledyne in Bowtech Buy

Teledyne Technologies has acquired designer and manufacturer of underwater environment vision systems Bowtech Products through a U.K.-based subsidiary. Terms of the transaction were not disclosed.

Founded in 1989, Bowtech is a supplier of rugged cameras and LED lighting sources deployed in the extreme environments within the remotely operated vehicle (ROV), defense, oceanographic, nuclear and marine science industries.

“Bowtech fills a product gap in our broad portfolio of marine technologies, adding optical underwater cameras to our wide range of acoustic imaging and sonar solutions,” said Robert Mehrabian, Chairman, President and Chief Executive Officer of Teledyne. “Furthermore, as an established provider of subsea cameras, Bowtech can help accelerate the development of new underwater imaging products based on other digital imaging technologies within Teledyne. We also believe that Teledyne can enhance the sales of Bowtech’s products, particularly within the U.S., given the global reach of our Teledyne marine group companies.”

Steve Bowring, Managing Director of Bowtech, said: “The shareholders of Bowtech are delighted with the news. This transaction should allow the company, now in its 26th year, and its skilled staff to grow Bowtech’s product portfolio and international sales.”

Share this article

Follow Subsea World News

Events>

<< Apr 2020 >>
MTWTFSS
30 31 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 1 2 3

9th Annual Submarine Power Cable and Interconnection Forum

This year’s Advance Submarine Power Cable and Interconnection conference will focus on the cutting edge thinking that is emerging across…

read more >

The 24th Annual PNEC Conference & Exhibition

The 24th annual PNEC Conference and Exhibition  will bring together the industry thought leaders and technology providers that enable the management…

read more >

OWI APAC 2020

Over the two-day conference, 30 expert speakers will share exclusive insight to help drive well work efficiencies through innovative…

read more >

M&CCE Expo Marine & Coastal Civil Engineering 2020

This conferences, events, demos, and competitions provide a productive background buzz throughout M&CCE…

read more >