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

People & Company News

Dool to Serve as Chair of SLSMC Board

The St. Lawrence Seaway Management Corporation (SLSMC) announced that Tim Dool has been named as Chair of the Board of Directors, effective September 1. Dool was

Bollore First Half Boosted by Transport, Advertising Unit

French industrial group Bollore said first-half operating income rose 11 percent to 314 million euro because of strength at its transport business and advertising agency Havas,

Scrap Metal Exporter Pens Terminal Agreement

Port Canaveral Scrap Terminal LLC (PCST), a bulk ferrous scrap exporter, has signed a lease with the Canaveral Port Authority to operate a terminal in the north cargo area at Port Canaveral.

Navy

East and South China Sea Disputes Need Creative Diplomacy

China and the United States appear headed for a damaging confrontation over the extent of China's territorial claims in the South and East China Seas. Now that

Darwin, Australia Scene of KAKADU Exercise Planning

Over 1,200 military personnel from the Asia Pacific and Indian Ocean regions have completed collaborative, tactical warfare planning during the first week of the

Navy Autonomous Underwater Vehicle Delivery Milestone

Commander, Submarine Development Squadron 5 (CSDS 5), Detachment UUV, informs of the delivery of Large Training Vehicle 38 (LTV 38), an unmanned undersea vehicle (UUV),

 
 
Maritime Careers / Shipboard Positions Maritime Security Navigation Offshore Oil Pipelines Salvage Ship Repair Ship Simulators Shipbuilding / Vessel Construction 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: 0.1181 sec (8 req/sec)