Kongsberg Acquires Global Sim

Monday, March 31, 2008

Kongsberg Maritime has acquired the Draper, based technology enterprise Global Sim for approximately $19.6m. Global Sim delivers products and services in the field of crane simulation for the training of crane operators around the world, and holds a market leader position in maritime crane simulation. The acquisition extends Kongsberg Maritime's portfolio and will further strengthen the company's position as a leader within the field of Maritime Simulation and Training.
"The acquisition of Global Sim gives Kongsberg Maritime a broader portfolio of products in the growing market for Maritime Training and Simulation," remarks General Manager (Simulation) Lars Erik Hilsen of Kongsberg Maritime. "The need for advanced training tools and solutions is increasing within both traditional maritime education and within the training and operation of offshore applications. With crane simulation as part of our product offering we can now provide an even better service to the maritime training industry."
In addition to Global Sim's leading position in crane simulation, the company has a core competence in delivering immersive training simulators, currently being delivered to the US Navy. The technology and competence developed for the immersive training simulators offer interesting opportunities for applications in simulating crews in handling critical situations in a highly realistic setting where instructors monitor and assess each team member and the team.
"Through the ownership of Kongsberg Maritime, Global Sim will strengthen its position as market leader in its segments, through access to a bigger pool of competence and resources from related technologies and market channels. Further, the two players combined offer several interesting opportunities for potential new application areas," says Scott Huntsman, President and CEO of Global Sim.
Global Sim's product line has been offered to the market for 15 years, and since the establishment of the company Global Sim in May 2002, it has experienced strong growth.

Maritime Reporter August 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Education/Training

Inchcape Shipping Celebrates 25th Anniversary of ISS Greece

Inchcape Shipping Services (ISS), the world’s leading maritime services provider, has this month celebrated the 25th anniversary of its operations in Greece

Training, Mentoring and Assessment On Board

Videotel has launched a new edition of its Training, Mentoring and Assessment On Board program which supports the IMO requirement for a standardization of training

Blood Pumping With Mobile CPR Unit for HII's Newport

Huntington Ingalls Industries' Newport News Shipbuilding division partnered with the American Heart Association to teach shipbuilders how to perform hands-only CPR during a demonstration Thursday.

People in the News

U.S. to Join Anti-Piracy Organization: USCG Admiral on Council

The USCG informs that the U.S. is due to become the 20th nation to join the Regional Cooperation Agreement on Combating Piracy and Armed Robbery against Ships in Asia (ReCAAP),

Transocean's Chairman Designate 2015 Named

Transocean Ltd. informs that at its recent Extraordinary General Meeting Merrill A. "Pete" Miller, Jr. was nominated as a director and the Board intends to designate him as vice-chairman,

Inchcape Shipping Celebrates 25th Anniversary of ISS Greece

Inchcape Shipping Services (ISS), the world’s leading maritime services provider, has this month celebrated the 25th anniversary of its operations in Greece

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Naval Architecture Pipelines Pod Propulsion Port Authority Ship Electronics Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1137 sec (9 req/sec)