Marine Link
Tuesday, December 6, 2016

VT Sells off Software Division

January 18, 2007

Support services and shipbuilding company VT Group has sold its software subsidiary VT Software Solutions to Civica Plc for $5.8m. Software Solutions was acquired by VT as one of the Lex vehicle support businesses purchased from the RAC Group earlier this year. The company's major business is supplying asset management software used in the vehicle management and social housing market, through the Tranman and Servitor products respectively. VT Group chairman Mike Jeffries said: 'We have conducted a comprehensive business review of our vehicle support acquisitions and decided that Software Solutions was not aligned with our core business. Source: The News of Portsmouth


 
Maritime Reporter Magazine Cover Nov 2016 - Workboat Edition

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Subscribe
Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News