Page 20: of Marine Technology Magazine (September 2012)

Teledyne Technologies has emerged as one of the pre- eminent global forces in the subsea sector, growing both organically and through acquisition to build a formidable corporation. The growth has been dra- matic and rapid, with revenue generated from the marine sector growing better than ten-fold between 2004 and 2011, and is indicative of the subsea sectors trending towards fewer, larger companies. To gain insight on the company?s past and future, Marine Technology Reporter recently spent some time with Jim Davis, SVP, Teledyne Technologies, for his take on the company and its future. By Greg Trauthwein, Editor Please tell us a bit about yourself and your posi- tion at Teledyne. My name is Jim Davis, I am a Senior Vice President at Teledyne Technologies and I joined Teledyne ten years ago. I am the general manager of Teledyne?s Instrumentation Seg- ment. Under this segment we run several strategic business platforms. We also go to market under various brands, with one of the broadest being Teledyne Marine which currently consists of eleven business units. The subsea industry has watched Teledyne quickly emerge as a technology consolidator. Can you give insights on the thought process behind the acquisition binge? Prior to 2001, Teledyne?s Instrumentation Segment Interview Jim Davis, Teledyne Technologies 20 MTRSeptember 2012MTR #7 (18-33).indd 20MTR #7 (18-33).indd 209/10/2012 9:25:51 AM9/10/2012 9:25:51 AM