Teledyne Technologies Inc. said on Monday that a subsidiary had acquired Hafmynd ehf, an Icelandic- maker of a submersible that has commercial, scientific and defense uses.
The Thousand Oaks company, which manufactures electronic components, instrumentation and communications products, said that Hafmynd’s Gavia submersible complements Teledyne own autonomous underwater vehicles, which include the Slocum Glider and the MinoRover. Among commercial applications for the Gaia is checking the condition of underwater gas and oil pipelines.
“Teledyne intends to maintain a presence in Iceland with a focus on (autonomous underwater vehicle) research and development, testing and service, as well as providing support for other Teledyne Marine businesses,” said Chief Executive Robert Mehrabian in a statement.
Financial terms between Teledyne Benthos Inc. and Hafmynd, which is based in Kópavogur near Reykjavík, were not disclosed.
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