Wärtsilä strengthens its expertise in vessel positioning technology by acquiring Guidance Marine
(Thomson Reuters ONE) -
Wärtsilä Corporation, Press release, 10 October 2017 at 2 pm EEST
The technology group Wärtsilä has acquired Guidance Marine Limited, a privately
owned company with offices in the UK, Singapore and the USA. Guidance Marine is
recognised as a technology leader in the marine industry for sensor solutions
relating to dynamic positioning and other vessel control systems, such as
collision avoidance and remote control operations.
Wärtsilä is deeply committed to providing technologies needed to enhance
'intelligent' shipping, whereby digital solutions will greatly improve the
efficiency, safety and profit earning capabilities of its maritime customers.
The acquisition of Guidance Marine will enhance Wärtsilä's capabilities in the
area of situational awareness and near-field measurement, both essential for
more intelligent vessel navigation.
"Guidance Marine's core competences are wide ranging and include the development
of sophisticated positional measurement sensors and systems for high accuracy
control applications. These competences complement our own activities in the
field of radar technology, navigation and dynamic positioning, by joining forces
we can certainly further accelerate the introduction of solutions that will take
shipping into a new era of efficiency," says Maik Stoevhase, Director,
Automation, Navigation & Communication, Wärtsilä Marine Solutions.
"Joining forces with the Wärtsilä Corporation presents an exciting opportunity
for Guidance Marine to work alongside a major player in the marine industry. We
are committed to continue serving all our customers, whilst at the same time
looking forward to bringing them faster access to new products and technologies.
This partnership provides a significant step change in developing the future of
maritime positioning and navigation where the integration of multi-modal sensor
technologies is a key factor in the delivery of 'intelligent' vessels," says Jan
Grothusen, CEO at Guidance Marine.
Founded in 1991, Guidance Marine has developed critical in-house capabilities,
including a dozen patents for various technologies and a ready portfolio of
closely related products. In its research and development activities, the
company has also established strong connections with a number of leading UK
universities. In 2016, Guidance Marine's turnover was GBP 6.3m (EUR 7.0m).
Guidance Marine employs over 50 people worldwide and is an internationally
successful award winning company. It has a strong track record in delivering
significant safety and cost benefits by bringing disruptive position measurement
technologies to marine markets across several continents.
Media contacts:
Mr Maik Stoevhase
Director, Automation, Navigation & Communication & Integrated systems
Wärtsilä Marine Solutions
Tel: +49 4088 2527 01
maik.stoevhase(at)wartsila.com
Ms Marit Holmlund-Sund
Senior Manager Marketing, Communications, Marine Solutions
Wärtsilä Corporation
Tel: +358 10 709 1439
marit.holmlund-sund(at)wartsila.com
Wärtsilä in brief:
Wärtsilä is a global leader in advanced technologies and complete lifecycle
solutions for the marine and energy markets. By emphasising sustainable
innovation and total efficiency, Wärtsilä maximises the environmental and
economic performance of the vessels and power plants of its customers. In 2016,
Wärtsilä's net sales totalled EUR 4.8 billion with approximately 18,000
employees. The company has operations in over 200 locations in more than 70
countries around the world. Wärtsilä is listed on Nasdaq Helsinki.
https://www.wartsila.com/
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Wärtsilä Oyj Abp via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 10.10.2017 - 13:00 Uhr
Sprache: Deutsch
News-ID 563099
Anzahl Zeichen: 4403
contact information:
Town:
Helsinki
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 198 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Wärtsilä strengthens its expertise in vessel positioning technology by acquiring Guidance Marine"
steht unter der journalistisch-redaktionellen Verantwortung von
Wärtsilä Oyj Abp (Nachricht senden)
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