Posted on 07.05.2010 - 10:00 EDT in ACQUISITION/MERGER NEWS by Rons_ROV_Links
Falmouth Scientific International announced the acquisition of Hegg Marine Solutions (HMS). HMS will become a division of FSI specializing in products and services for the geophysical and marine survey markets. HMS, founded by Fred Hegg in 2008, provides a full range of services, including hydro-acoustic system integration, training, and site support. The combined capabilities of the two companies will enable FSI and the new HMS division to provide more complete product and service offerings for coastal and deep-water underwater applications.
Fred Hegg, HMS's founder, brings long-term experience in development and field operation of a variety of marine products, including acoustic positioning devices, deepwater sensors, and towed sonar systems. Mr. Hegg, who was previously employed by Benthos and Datasonics, will become FSI's Vice President of Engineering.
According to John Baker, FSI's President and Chief Engineer: "We are very excited to be working with Fred and HMS, whose extensive understanding of products and applications in the hydrographic and marine markets will enhance FSI's ability to offer customers a range of solutions - from standard products to custom systems. Fred's expertise will also enable FSI to broaden customer support of its products from design through deployment."