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Teledyne buys Canada-based CARIS

By   /   Friday, April 8th, 2016  /   Comments Off on Teledyne buys Canada-based CARIS

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Thousand Oaks industrial conglomerate Teledyne Technologies acquired Canada-based CARIS on April 8.

Teledyne makes products primarily for the digital imaging, instrumentation, engineered systems and aerospace and defense sectors. Founded in 1979, CARIS develops geospatial software for hydrographic and marine uses.

Terms of the acquisition were not announced.

“By providing data processing, mapping and geospatial imaging software, CARIS complements our marine instrumentation and digital imaging businesses,” said Teledyne CEO Robert Mehrabian in a news release. “CARIS immediately extends our marine capabilities, advancing the delivery of imaging and information from Teledyne’s broad portfolio of marine sensors and systems.”

• Contact Philip Joens at [email protected]

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