Teledyne Completes Acquisition of BlueView Technologies
THOUSAND OAKS, Calif. – July 3, 2012 – Teledyne Technologies Incorporated (NYSE:TDY) announced today that its subsidiary, Teledyne RD Instruments, Inc. (“Teledyne RDI”), has completed the acquisition of BlueView Technologies, Inc. (“BlueView”). BlueView, located in Seattle, Wash., provides compact forward-looking imaging sonar, microbathymetry systems and 3D scanning sonar. The acquired company will now operate under the name Teledyne BlueView, Inc. Terms of the transaction were not disclosed.
Teledyne Technologies is a leading provider of sophisticated instrumentation, digital imaging products and software, aerospace and defense electronics, and engineered systems. Teledyne Technologies’ operations are primarily located in the United States, Canada, the United Kingdom and Mexico. For more information, visit Teledyne Technologies’ website at www.teledyne.com.
Forward-Looking Statements Cautionary Notice
This press release contains forward-looking statements, as defined in the Private Securities Litigation Reform Act of 1995, relating to a recent acquisition of a company. Actual results could differ materially from these forward-looking statements. Many factors, including the ability of Teledyne RDI and BlueView to achieve anticipated synergies, as well as market and economic conditions beyond either company’s control, could change anticipated results.
Investor Contact: Jason VanWees (805) 373-4542
Press Contact: Robyn McGowan (805) 373-4540