Teledyne to buy TransponderTech from Saab

Saab will divest Saab TransponderTech AB, which is being acquired by FLIR Systems AB, a subsidiary of Teledyne Technologies Inc. Completion of the divestment is subject to certain conditions that are expected to be fulfilled by the end of 2025.

TransponderTech is a leader in Safety Of Life At Sea (SOLAS)-certified communications and navigation solutions for commercial maritime, military and airborne applications.

TransponderTech’s solutions include advanced GNSS technologies, which FLIR expects to integrate into its commercial maritime products. Based in Linköping, Sweden, TransponderTech also provides Automatic Identification System (AIS) and VHF Data Exchange System (VDES) solutions. The company is known for high-quality products that perform reliably in challenging conditions.

“Integrating TransponderTech’s advanced AIS, VDES and GNSS technologies into our commercial maritime products strengthens our ability to deliver secure, reliable and globally connected navigation solutions,” said Grégoire Outters, vice president of Teledyne FLIR Maritime and Raymarine. “This acquisition will directly enhance our safety, efficiency and operational reach of our customers at sea.”

The divestment is in line with Saab’s strategy to increase its focus on core areas of its business and, upon closing, Saab will divest 100 percent of its shares in Saab TransponderTech AB.