Teledyne acquires ChartWorld to enhance marine navigation solutions
Teledyne recently announced that it has acquired ChartWorld International, a leading provider of digital navigation charts and services. ChartWorld’s products and services are used by mariners, ship owners and ship managers around the world to improve safety, efficiency and compliance.
The acquisition will strengthen Teledyne’s position in the marine electronics market and expand its capabilities in digital navigation solutions. ChartWorld’s technology and experienced team will be integrated into Teledyne’s Marine Systems segment, which provides a wide range of marine instrumentation, imaging and communications products and services to customers in the commercial and defence markets.
Marine navigation, simulation and digital charts
SevenCs, a brand of ChartWorld International and a leading provider of software and services for marine navigation and maritime simulation, will continue to operate independently and support ChartWorld in its integration with Teledyne.
The ChartWorld brand will persist for the company’s products and services, which include digital navigation charts, software and services for electronic chart display and information systems (ECDIS) as well as compliance and performance monitoring services. The ChartWorld team will remain at its current location in Norway and customers can expect the same high-quality products and services they have come to rely on.
“We are excited to welcome ChartWorld to the Teledyne team,” said Robert Mehrabian, chairman, president and CEO of Teledyne. “Their innovative technology and experienced team will enhance our capabilities in digital navigation solutions and further strengthen our position in the marine electronics market.”
