Teledyne acquires majority interest in NL Acoustics
EP&T MagazineElectronics Embedded Systems Engineering Software Acoustics
Fast-growing Finnish tech firm specialized in advanced acoustics-based predictive maintenance solutions
Teledyne Technologies Inc. has acquired majority interest in Finnish technology company Noiseless Acoustics Oy. 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 US$4.61 billion and an operative 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 leverage the benefits of our shared resources”, Kai Saksela, the CEO of NL Acoustics describes.
Acoustic imaging systems
“Having worked with NL Acoustics since 2019, we are delighted to strengthen our partnership with the company,” says Rickard Lindvall, General Manager of Teledyne FLIR Solutions. “Collectively, Teledyne and NL Acoustics provide a wide range of condition monitoring and safety solutions, including acoustic imaging systems, optical gas leak detection cameras, and hazardous gas and flame detection instrumentation.”
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, 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 sector, but new applications of the company’s products are constantly being discovered. The fast-growing company currently employs close to 50 people and is located in Pitäjänmäki, Helsinki.
Develop cutting-edge methods
“Being part of the Teledyne family brings us a lot of synergies in the areas of R&D, sourcing and production”, says Jonas Nyberg, CTO of NL Acoustics. ”We look forward to joining forces with Teledyne Flir and utilizing their decades-long expertise to develop cutting-edge methods and solutions,” he concludes.
Following the transaction with Teledyne, both CEO Saksela and CTO Nyberg will retain their minority stake in the business and, together with the entire NL Acoustics team, continue in their current positions with the aim of taking the company’s growth journey to the next level. ”Continuity is the 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 sums up.