SeaWave Acquires Rydex

Monday, October 17, 2005
SeaWave LLC announced a definitive agreement to acquire the intellectual property and technology assets of Rydex, the Maritime Data Solutions business, headquartered in British Columbia, Canada. This transaction combines two leading suppliers of marine communications services and serves a current customer-base in excess of 2000 vessels.

“Combining the collective competencies of SeaWave and Rydex will raise the level of products, service and support for both companies. Customers will be able to choose from an extensive line-up of value added products that will allow services to be tailored to the specific requirements of each customer,” said SeaWave CEO, Don Black.

As a result of the acquisition, SeaWave/Rydex has expanded their presence in all major geographic markets and enhanced technology that may be leveraged across their core Linux and Windows based solutions.

“This merger adds to the talent and experience of all development and service personnel.” Mark Witsaman, CTO of SeaWave said. “It is our mandate to continue to produce the industry’s most advanced and reliable products and services.”

SeaWave/Rydex customer and technical support expertise will continue to serve each customer 24 hours a day, seven days a week from several locations throughout the world.

“Rydex has a tremendous reputation within the industry and collectively, we look forward to setting the standard for customer service and support within the marine communications industry.” Black added.

Maritime Reporter April 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Apply Now for the MN 100

The August 2015 edition of Marine News, the leading voice in the North American workboat market, will feature 100 leaders and innovators, including workboat owners and operators,

Alfred Hartmann: New Captain on the Bridge at VDR

Shipping owner Alfred Hartmann is the new President of the Association of German Shipowners (VDR). For the first time a mid-size company owner is at the helm of the VDR,

VT Halter Powers Ahead

If you drive just south of I-10 in Pascagoula, Miss., within 10 minutes you find yourself on the doorstep of VT Halter Marine, arguably one of the more diverse and active shipyards in the U.

Navy

HMS Prince of Wales Bridge Sets Sail

The bridge section of the second Queen Elizabeth Class aircraft carrier set sail today from Glasgow on its first sea voyage to Rosyth.   Upper Block 07 is where

The German Shipbuilding Rebound

German shipbuilding has made a significant turnaround. The country’s shipbuilding industry has seen increases in the number of employees, orders and deliveries compared to 2013,

VT Halter Powers Ahead

If you drive just south of I-10 in Pascagoula, Miss., within 10 minutes you find yourself on the doorstep of VT Halter Marine, arguably one of the more diverse and active shipyards in the U.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Naval Architecture Offshore Oil Port Authority Salvage Ship Electronics Ship Simulators Winch
rss | archive | history | articles | privacy | 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: 0.0928 sec (11 req/sec)