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 Today

The Maritime Industry's original and most viewed E-News Service

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

People & Company News

Nakilat Damen Shipyards Qatar JV is 5

On 23 November 2015, Nakilat Damen Shipyards Qatar celebrated its first 5 years of operation. With 40 vessels delivered or under construction, the yard has proven

Deltamarin to Designs First LNG Handysize Bulk Carriers

Deltamarin Ltd proudly announces that it has signed a contract to design the world’s first LNG handysize bulk carriers, which will point the way towards greener shipping of commodities.

Wärtsilä's' Digital Services for Performance Enhancement

Wärtsilä, a global leader in complete lifecycle solutions for the marine and energy markets, launches a new service portfolio, Wärtsilä Genius services to help


Maersk to Idle Vessel

The world's biggest container-ship operator Maersk Line  has confirmed market talk that it has temporarily idled one of its largest vessels - yet another sign that the industry is in dire straits,

Russian Navy Trying Hard for Facelift

Official announcements related to naval shipbuilding give the appearance of a Russian Navy that is undergoing a rapid revival. However, the reality is that many

USNS Maury Completes Acceptance Trials

USNS Maury (T-AGS 66) completed Acceptance Trials, November 6, following a week of extensive ship tests and underway events, included testing of major propulsion,

Maritime Careers / Shipboard Positions Maritime Contracts Offshore Oil Pipelines Port Authority Salvage Ship Electronics Ship Repair 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: 0.0838 sec (12 req/sec)