Teledyne Acquires Falmouth Tech Park Manufacturer

East Falmouth MA – In early July 2008, Teledyne Technologies Incorporated (NYSE: TDY) through its subsidiary, Teledyne Instruments, Inc., completed the acquisition of the assets of Webb Research Corp. Webb Research, located in E. Falmouth, Mass., is the world’s leading manufacturer of autonomous underwater gliding vehicles, as well as autonomous profiling drifters and floats. Terms of the transaction… [Continue Reading]

Cape Cod Manufacturer Acquired in $80 Million Deal

Pocasset, MA – Hydroid, Inc. a manufacturer of Autonomous Underwater Vehicles (AUVs), announced today the company’s acquisition by Kongsberg Maritime. The sale was announced in December 2007 pending U.S. Government approvals.