Interconnect Products News

Teledyne Marine has steadily built an armada of technologies and brands serving nearly every facet of the subsea sector through systematic acquisition, investment and organic growth. Recently MTR solicited the insights of a quartet of executives representing the various brands to discuss the evolution and future direction of the Teledyne Marine brand. Executives offering insights included Bill Kikendall, President of the newly formed Marine Sensors and Systems Group at Teledyne Technologies, Inc., Thomas W.

In a move aimed at extending its claim as a single source ship's propulsion supplier, Wärtsilä Corporation and Smiths Group are in exclusive discussions regarding a possible sale by Smiths Group of John Crane-Lips to Wärtsilä. Wärtsilä and John Crane-Lips entered into a strategic alliance in October 2000 to provide total marine propulsion power systems through the Wärtsilä network. The acquisition of John Crane Lips is seen as a valued enhancement to Wärtsilä's position as a leading global ship power supplier. The acquisition would generate additional sales of more than EUR 200 million for the Marine & Licensing division of Wärtsilä. John Crane-Lips is a supplier of integrated marine propulsion systems and marine seals and bearings.

Buys US hazardous material detection specialist for $75M Smiths Group is acquiring the business and assets of SensIR Technologies LLC, a manufacturer of infrared-based analysers, for a total of $75 million (£41m). The newly acquired business will add significantly to the range of technologies and equipment of Smiths Detection, one of the company's four operating divisions. "The second acquisition for Smiths Detection this year is a further step in building a technology-led business to serve the diverse detection market," commented Keith Butler-Wheelhouse, chief executive of Smiths Group. SensIR supplies analysers for the identification of potentially hazardous substances in solid and liquid form.