Teledyne Acquires Maretron

Acquisitions

Summary

Teledyne acquired assets of Maretron, including the Octoplex, MPower, and MConnect product lines from Littelfuse. The deal strengthens Raymarine’s vessel automation offering and adds deeper integration and automation capabilities for boat builders and system integrators. Teledyne said it will keep the Maretron trade name and product lines to support a seamless transition for existing customers. The acquisition also expands Teledyne’s presence in the U.S. Southeast boating market and creates new partner opportunities around Raymarine’s broader portfolio.

Classifications

industries
Retail
applications
Engineering & Scientific

AskAI Classifications

Labels
Embedded Software Developer Tools Marine Software

Linked Companies

Raymarine
$100M to $250M
Maretron
$50M to $100M