Teledyne to Acquire TransponderTech from Saab

THOUSAND OAKS, Calif.--(BUSINESS WIRE)--Teledyne Technologies Incorporated (NYSE: TDY) (“Teledyne”) announced today that it has entered into an agreement to acquire the TransponderTech business from Saab AB. The acquisition includes a portfolio of connected commercial maritime products, including Automatic Identification System (AIS), VHF Data Exchange System (VDES), and Global Navigation Satellite System (GNSS) technologies. Based in Sweden, TransponderTech provides class-leading, SOLAS (Safet