Teledyne Acquires Majority Stake in Finnish Technology Firm NL Acoustics.

MANews-(C)2009-2022

US-based industrial conglomerate Teledyne Technologies Inc (NYSE: TDY) has acquired majority interest in Finnish technology firm Noiseless Acoustics Oy, the company said.

US based but globally operating Teledyne is a conglomerate merited in enabling technologies within four major segments: Digital Imaging, Instrumentation, Engineered Systems, and Aerospace and Defense Electronics.

In 2021, the company employed approximately 15 000 employees and recorded a revenue of USD 4.61bn and an operative income of USD 623.4m.

Founded in 2015 by current CEO Kai Saksela and CTO Jonas Nyberg, NL Acoustics specializes in advanced acoustic imaging instruments.

The company's acoustic cameras are designed and manufactured in Finland and used for predictive maintenance purposes, such as locating faults, making production processes more efficient, and saving energy and costs.

Over 90% of NL Acoustics' production goes to export and the most important customers are currently in industry and the energy...

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