Eversheds Sutherland has advised Teledyne Technologies Incorporated in connection with their agreement to acquire TransponderTech from Saab AB

The acquisition includes a portfolio of connected commercial maritime products, including Automatic Identification System (AIS), VHF Data Exchange System (VDES), and Global Navigation Satellite System (GNSS) technologies. The acquired business will become part of Teledyne FLIR's Maritime group - which includes Raymarine, FLIR Marine, and ChartWorld.
 
Teledyne is a leading provider of sophisticated digital imaging products and software, instrumentation, aerospace and defense electronics, and engineered systems. Teledyne's operations are primarily located in the United States, Canada, the United Kingdom, and Western and Northern Europe.
 
The transaction is subject to customary closing conditions and anticipated to be completed in the fourth quarter of 2025.
 
Eversheds Sutherland's team consisted of Robin Johnson, Jens André, Anna Thoms, Therése Berg, Ludwig Eriksson, Matilda Frykman Krans, Isak Henriksson, Richard Jacobsson, Nora Knaphe, Sara Malmgren, Elvira Näs, Simon Rydberg and Per Westman.