Marport Acquires C-Tech06/07/2009 |
| Marport Canada has announced the completion of its acquisition of C-Tech, supplier of sonars for underwater defence, and harbour surveillance. The result is a reinforced sonar technology company, moving beyond current product configurations to integrated platforms that address the need for reconfigurable embedded sonar systems for underwater defence. |
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The acquisition positions Marport as Canada's largest underwater acoustics technology company, with over 110 employees delivering a diverse range of subsea sensing, surveillance and communications products for commercial fisheries, underwater defence, offshore energy and ocean science. The combination creates an entity with the scale and resources to deliver industry-leading products in the rapidly emerging market for network-centric undersea domain awareness.
To ensure smooth transition Marport will begin immediately the planned integration of the two companies' products, customers and employees to ensure a smooth transition that will deliver immediate value for customers, partners and investors. Over the next several months, Marport will transfer assembly and testing of its existing product line to C-Tech's ISO-9001 compliant engineering and manufacturing facility in Cornwall, Ontario.
With this acquisition, C-Tech Ltd. becomes a wholly owned subsidiary of Marport that will be renamed Marport C-Tech Ltd. Mr. Dennis Derouin will continue as President of Marport C-Tech Ltd. and is also appointed VP, Corporate with integration responsibilities into the parent company.
Website: http://www.c-techltd.com/ Supplier: Marport Deep Sea Technologies Inc More news from this supplier: Scanmar Appeal Thrown Out Underwater Robotics Division Spin-off Dr. Marc Pinto Chief Sonar Scientist Marport and WHOI Cooperate Contract for Autonomous Underwater Vehicle Marport Appoints Sales Manager Marport French Subsidiary Marport Signs Technology Licensing Agreement Offshore Survey Frame Agreement ROV Survey of the Costa Concordia Grounding Site (video) 44 PMGS Transponders for Earthquake and Tsunami Research Underwater Vision to Fugro Subsea Services Award for Brazilian Hydrographic Paper Demonstrating a 'Deeper Understanding' First Real-Time Seafloor Earthquake Observatory Theme of Hydrography Day 2012: International Cooperation Finistère and Mediterranean Bathymetric Lidar Surveys Precise Positioning For BP Vessels 
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