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

Education/Training

LCS MCM MP Puts Navy Closer to Fleet Implementation

NSWC Panama City hosted a two-week demonstration in July that verified Sailors' ability to conduct maintenance on the Littoral Combat Ship's Mine Countermeasure

Drum Cussac Trains O&G Supply Entrepreneurs

Drum Cussac said it is helping Tanzania's budding entrepreneurs cater to the requirements of the international oil and gas companies operating in the country, as

VSTEP Delivers FMB Simulator to Danaos

Danaos Corporation purchased a NAUTIS DNV Class A FMB Simulator and Instructor Station for training of its fleet members.  The simulator will be delivered and installed

People in the News

German Shipyard FSG Re-organizes Top Management

Flensburger Schiffbau-Gesellschaft (FSG) says it will be headed by a new management team from January 1st 2015, details as follows: Current Chief Technology

Bid to Rescue Clyde Shipbuilder Ferguson

Jim McColl, one of Scotland's richest men, has tabled a bid to rescue collapsed Clyde shipbuilder Ferguson and aims to return the yard to its former glory by creating hundreds of jobs,

400 Migrants Rescued by USCG & RBDF

Coast Guard crews and Royal Bahamian Defence Force (RBDF) rescued more than 400 Haitians illegally migrating in three separate at sea interdictions in the span of 11 days.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Naval Architecture Navigation Offshore Oil Pipelines Salvage Ship Repair Ship Simulators Winch
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: 0.1047 sec (10 req/sec)