Teledyne Acquires CDL

SeaDiscovery.com
Tuesday, October 22, 2013
ROV utilizing CDL subsea products (Photo: CDL)

Teledyne Technologies Incorporated announced that its subsidiary, Teledyne Limited, has acquired C.D. Limited (CDL). Headquartered in Aberdeen, Scotland, CDL is a supplier of subsea inertial navigation systems and motion sensors for a variety of marine applications. Terms of the transaction were not disclosed.

CDL designs and manufactures a variety of sensors including gyrocompasses, attitude and heading reference systems, and inertial navigation systems. In particular, CDL has pioneered the development of small form factor inertial measurement systems for use in subsea applications where space is at a premium, such as on-board remotely operated vehicles (ROVs). CDL also offers advanced control and monitoring technologies for subsea infrastructure and engineering activities. The acquired business will operate under the name Teledyne CDL Limited.

“Through CDL and our other marine instrumentation companies, Teledyne provides surface and subsea inertial measurement and motion sensing solutions based on a number of different technologies including mechanical, ring laser and fiber optic gyrocompasses and dynamic motion sensors, as well as acoustic navigation systems,” said Robert Mehrabian, chairman, president and chief executive officer of Teledyne. “Furthermore, utilizing Teledyne’s acoustic modems, CDL has been developing complete motion sensing and communication systems for the real-time monitoring of subsea energy infrastructure. As a combined company with complementary technology and greater global reach, our goal is to accelerate the development and deployment of these systems for our subsea oil and gas customers. The addition of CDL to our marine instrumentation portfolio provides an exciting opportunity to deliver integrated systems and solutions utilizing the wide range of Teledyne products to satisfy a broad spectrum of marine applications.”

teledyne.com
 

Maritime Reporter June 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

ISC Profit Slip in Q2 2014 but Pay Dividend

International Shipholding Corporation (ISC) has announced financial results for the quarter ended June 30, 2014, summarized here: Net Loss he Company reported a net loss of $664,

Admiral on U.S. Navy & Asia Pacific Re-balancing Act

The commander of U.S. Pacific Command has briefed Pentagon reporters, discussing the U.S. rebalance to the Asia-Pacific region, successful engagement with partners

Hornbeck Offshore Ride High on Q2 2014 Results

Hornbeck Offshore Services, Inc. has announced its financial results for the second quarter ended June 30, 2014.  Following are highlights for this period and excerpts

Technology

There’s Still Time for SHIPPINGInsight Award Entries

Entry submissions for the first SHIPPINGInsight Award are due Friday, Aug. 1, but organizers said they will continue to accept nominations through following week to provide some extra time.

Joint Project Studies Condition-based Engine Monitoring

Classification society ClassNK announced that it will participate in a joint project together with Mitsui Engineering & Shipbuilding Co., Ltd. and MES Technoservice Co.

Resolve Maritime Academy's New Wet Trainer Facility

Resolve Maritime Academy informed it has started building a new, two-story wet trainer, larger and more expansive than its original, the L/V Gray Manatee. “We

News

Quality hat-trick for GAC Marine Logistics

Global ship spares logistics provider GAC Marine Logistics Inc. (GML) has secured ISO certifications in recognition of its Quality Management, Environmental

Hellfire Missile Firing a First for New Navy Helicopters

The Royal Australian Navy’s newest maritime combat helicopter, the MH-60R Seahawk ‘Romeo’, has successfully fired its first ‘Hellfire’ missile in the United States.

BMT Oceanica Wins Major Water Corporation Bid

Marine and coastal environment specialist, BMT Oceanica (BMT), a subsidiary of BMT Group Ltd, is delighted to announce that it has won the bid to provide Ocean

Communication

VSAT Connectivity by Globecomm for Malaysia's PBJV Group

Globecomm Maritime, a leading provider of maritime communications solutions, has been awarded a contract to provide VSAT connectivity to PBJV Group's barge Kota Laksamana 101.

New AVEVA ISM Bridges the Gap

AVEVA launches a new application for governing asset information using a standards-based methodology. AVEVA announced the launch of AVEVA Information Standards Manager (AVEVA ISM),

NYK Line Hosts Fleet Safety Conference

NYK says it has hosted a safety promotion conference for shipowners and ship-management companies at the NYK head office in Tokyo and at Imabari city in Ehime prefecture.

Mergers & Acquisitions

Rio Tinto Pulls Plug on Mozambique Coal Venture

Rio Tinto has agreed to sell coal assets it bought through a $4 billion acquisition of Riversdale in 2011 for just $50 million to an Indian joint venture, ending

Rohr Dredge Continues European Expansion

Rohr International Dredge Holdings, Inc. announced that it acquired Eurl Rohr France, including its current backlog, inventory and all associated intellectual property (IPR), on July 23, 2014.

Total Sells ts Coal Mining Assets to Exxaro

Total has signed an agreement with Exxaro Resources Ltd for the sale of its 100% stake in Total Coal South Africa (TCSA), its coal-producing affiliate in South Africa.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Offshore Oil Pipelines Pod Propulsion Port Authority Salvage Ship Simulators Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1674 sec (6 req/sec)