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Orolia acquires Boatracs

Orolia, a group specialising in positioning, navigation and GPS timing equipment and systems, has announced the acquisition of maritime communications provider Boatracs.

Orolia says that the Boatracs acquisition is part of its strategy to move up the value chain by offering more complete business solutions to its customers.

These solutions consist of a hardware platform, a communications system for wireless data transmission and reception, and software which provides a web-based user interface to facilitate effective data communications between ship and shore.

The company intends to operate using a business model that will see initial hardware sales followed by recurring airtime revenue and SaaS (Software as a Service).

“This acquisition not only expands our product offering, but also strengthens our presence in the North American fishing and workboat market segments,” said Jean-Yves Courtois, president and CEO of Orolia.

“It has the added benefit of bringing us critical size in the application software domain, human-machine interfaces and client-server architectures that are crucial for the development of M2M solutions and services for our customers operating in challenging environments.”

“Strategically, we now have in Orolia a strong software centre of excellence and solutions competency on which to build more valuable business contributions for all our customers.”

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