Oceaneering acquires Lafayette-based surveyor

LAFAYETTE (AP) — C&C Technologies Inc., a Lafayette, Louisiana-based ocean-bottom surveyor, will be acquired by Houston-based Oceaneering International Inc. for around $230 million in cash.
Privately owned C&C specializes in mapping in deep water, using customized, autonomous underwater vehicles. The company also does marine construction surveys for both surface and subsea projects and provides satellite-based positioning services for drilling rigs, seismic vessels and construction vessels.
C&C, founded in 1992, has 550 employees in 10 offices worldwide.
C&C will retain its name, and its headquarters will remain in Lafayette.
Oceaneering said it expects to close the deal in early April.