InnovaSea Systems, Boston, entered into a definitive agreement to acquire Norway-based Nortek Akvakultur. Nortek Akvakultur will be combined with InnovaSea's Realtime Aquaculture unit to form the InnovaSea Instrumentation team.
Nortek Akvakultur provides high-quality environmental data to the Norwegian aquaculture industry. And, Realtime Aquaculture develops innovative underwater wireless technology for monitoring aquaculture sites.
“We've recently moved our operations from Oslo to Bergen, bringing us closer to the industry and our major clients. This acquisition further strengthens our position by providing access to new technology that we believe can be a game changer, as we work to help our customers monitor conditions in every cage," says Tor Skoglund, managing director of Nortek Akvakultur.
"Nortek's early transition to cloud-based systems has allowed us to successfully deploy hundreds of monitoring stations with a minimum of local effort,” adds Atle Lohrmann, chief executive officer of Nortek. “We are pleased to see how InnovaSea brings continued technological innovation to the community by using underwater communication as part of the solution."
"Nortek Akvakultur brings us closer to the industry in Norway and adds a team of skilled developers with unique expertise developing solutions for the industry. Combining Realtime Aquaculture and Nortek Akvakultur is a logical step in growing the business and expanding opportunities both in Norway and globally," says David Kelly, chief executive officer of InnovaSea.