Underwater Vehicle company Sold.

If someone told me 15 years ago, to invest in a weird name company called Google… ! That’s why may be you want to pay attention to this:
Engineering and electronic products maker Teledyne Technologies Inc. said Tuesday it has acquired Hafmynd EHF, a company that makes underwater vehicles.

Teledyne did not say how much it paid for Hafmynd, a privately held company based in Reykjavik, Iceland.

Hafmynd makes a vehicle called the Gavia, which is designed to survey underwater areas for commercial, scientific and military purposes.

“The acquisition of Hafmynd and its key technologies will broaden Teledyne’s portfolio of underwater” products, Teledyne CEO Robert Mehrabian said in a statement.

So next time you are looking at shares, think about Underwater shares… ;) You never know who is the next Google of the underwater world.

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