Wärtsilä has announced that it has completed the acquisition of Transas.
Transas is a global market leader in marine navigation solutions that include complete bridge systems, digital products and electronic charts. It is also a leader in professional training and simulation services, as well as ship traffic control systems.
Wärtsilä believes that the acquisition will help the company to achieve its mission of enabling sustainable societies with smart technology. It will also speed delivery on the company’s promise to establish a Smart Marine ecosystem. Wärtsilä envisions a secure, smart, and cloud-based future through the development of applications that leverage machine learning and artificial intelligence.
“Combining Transas with Wärtsilä will bring the Smart Marine Ecosystem many steps forward. It is a very positive move for both parties, and we welcome the Transas team into our organisation,” says Roger Holm, President, Wärtsilä Marine Solutions.
Read the article online at: https://www.hydrocarbonengineering.com/tanks-terminals/08052018/wrtsil-completes-acquisition-of-transas/