Wednesday, November 19, 2014

Teledyne Completes Bolt Technology Acquisition

Thousand Oaks-based Teledyne Technologies said Tuesday afternoon that it has complted its acquisition of Bolt Technology Corporation. The deal was worth approximately $171M, or $22.00 per share in cash. Bolt is a supplier of marine seismic energy sources and replacement parts for offshore energy exploration, and also makes underwater cables and connectors, along with developing underwater remotely operated vehicles (Mini ROVs).

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