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.


People & Company News

Abu Dhabi Ship Building Commissions First Floating Dock

Abu Dhabi Ship Building PJSC (ADSB) has commissioned its first floating drydock located in Mina Zayed as the company looks to expand its commercial service offering.

MN100: Glosten

The Company: Glosten is an employee-owned full-service consulting firm of naval architects, marine engineers, electrical engineers, and ocean engineers. Founded in 1958,

MN100: MAN Engines & Components

The Company: MAN Engines and Components develops, produces and sells a wide range of efficient diesel and gas engines for extremely varied applications in many industries.

Navy

This Day In Naval History: August 30

1923 - USS Colorado (BB 45) is commissioned. Notable during her pre-World War II service, she helps in the search for missing aviator, Amelia Earhart, in 1937. During WWII,

This Day In Naval History: August 29

1861 - During the Civil War, Seaman Benjamin Swearer lands with troops from the steam sloop of war, Pawnee, and takes part in the capture of Fort Clark, at Hatteras Inlet, N.

USS Freedom Suffers Casualty

The U.S. Navy's first littoral combat ship USS Freedom (LCS 1) experienced a casualty to one of its main propulsion diesel engines (MPDE) on July 11 reportedly

 
 
Maritime Contracts Naval Architecture Offshore Oil Pipelines Port Authority Ship Electronics Ship Repair Ship Simulators Sonar 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: 0.0728 sec (14 req/sec)