Majority stake in Finnish technology company NL Acoustics is acquired by Teledyne

Teledyne Technologies acquires a majority stake in NL Acoustics, a fast-growing Finnish technology company specializing in advanced acoustics-based predictive maintenance solutions.

HELSINKI, July 18, 2022 /PRNewswire/ — Teledyne Technologies Incorporated (“Teledyne”) announced the July 15, 2022that it acquired a majority stake in the Finnish technology company Quiet Acoustics Oy (“NL Acoustics”). Based in the United States but operating globally, Teledyne is a conglomerate earning itself into enabling technologies in four main segments: digital imaging, instrumentation, engineered systems, and aerospace and defense electronics. In 2021, the company employed approximately 15,000 people and recorded a turnover of US$4.61 billion and an operating income of US$623.4 million. “At NL Acoustics, we are very excited about the new opportunities that forming an even closer partnership with Teledyne will bring us in the near future. Together we are now able to agree on the best way forward. and harness the benefits of our shared resources,” Kai Saksela, describes the CEO of NL Acoustics. “Having worked with NL Acoustics since 2019, we are delighted to strengthen our partnership with the company,” says Rickard Lindval, CEO of Teledyne FLIR Solutions. “Together, Teledyne and NL Acoustics offer a wide range of condition monitoring and safety solutions, including acoustic imaging systems, optical gas leak detection cameras and hazardous gas detection instruments and of flames.”

NL Acoustics success story set to continue with new majority owner
Founded in 2015 by current CEO Kai Saksela and CTO Jonas Nyberg, NL Acoustics specializes in advanced acoustic imaging instruments. The company’s easy-to-use acoustic cameras are designed and manufactured in Finland and used for predictive maintenance purposes, such as locating faults, improving the efficiency of production processes, and saving energy and costs. Over 90% of NL Acoustics’ production is for export and the largest customers are currently in industry and the energy sector, but new applications for the company’s products are constantly being discovered. The growing company currently employs around 50 people and is located in Pitäjänmäki, helsinki. “Being part of the Teledyne family brings us a lot of synergies in R&D, sourcing and manufacturing,” says Jonas Nyberg, technical director of NL Acoustics. “We look forward to partnering with Teledyne Flir and using their decades-long expertise to develop cutting-edge methods and solutions,” he concludes. Following the transaction with Teledyne, CEO Saksela and CTO Nyberg will retain their minority stake in the business and, along with the entire NL Acoustics team, will continue in their current positions with the aim of driving the growth of the business. at the top level. “Continuity is key; NL Acoustics will continue to work as a team to serve our customers and partners exactly as before, but with the support of Teledyne”, CEO Kai Saksela to sum up.

About NL Acoustics
Founded in 2015 and based in Helsinki, Finland, NL Acoustics provides advanced acoustics-based predictive maintenance solutions with a mission to turn sound into value. The company’s multidisciplinary team includes some fifty talented people. NL Acoustics’ global dealer network serves industrial customers in over 50 countries and is constantly expanding to meet growing demand. The company’s flagship products, easy-to-use acoustic cameras, locate leaks in compressed air systems and partial discharges in power generation and distribution, using the latest technology to automate problem solving and provide their users with simple diagnostics, clear results and actionable data. for smart maintenance decisions. Learn more about: https://nlacoustics.com/

About Teledyne
Teledyne is a leading provider of sophisticated instruments, digital imaging products and software, aerospace and defense electronics and engineered systems. Teledyne’s activities are mainly located in United States, Canadathe UKand western and North Europe. For more information, visit the Teledyne website at https://www.teledyne.com/.

For more information, please contact:
Jenni Salomaa
Marketing Director
NL Acoustics
+358 50 4355 635
[email protected]

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