Teledyne buys Bowtech

OE Staff
Wednesday, February 4, 2015

Teledyne Technologies has acquired Aberdeen-based Bowtech Products through its UK-based subsidiary.

Bowtech designs and manufactures harsh underwater environment vision systems. Founded in 1989, Bowtech is a leading supplier of rugged cameras and LED lighting sources deployed in the most 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.”

 
Categories: Subsea Activity Europe North America

Related Stories

New Subsea Infrastructure at Troll-Fram to Bring More Oil and Gas to Europe

New Subsea Infrastructure at Troll-Fram to Bring More Oil and Gas to Europe

SLB OneSubsea Gets Work on Northern Lights CCS Project Expansion

SLB OneSubsea Gets Work on Northern Lights CCS Project Expansion

All Inter-Array Cables Installed at 488 MW French Offshore Wind Farm

All Inter-Array Cables Installed at 488 MW French Offshore Wind Farm

Current News

Saudi Aramco to Keep Shelf Drilling’s Jack-Up Busy for Five More Years

Viaro Energy to Boost North Sea Portfolio with Deltic Acquisition

Triton Anchor Gets Patents for Floating Renewables Anchoring Tech

Osbit Opens New Offshore Wind Facility in Port of Blyth

Subscribe for OE Digital E‑News

Offshore Engineer Magazine