Posted on 24.05.2011 - 13:00 UTC in ACQUISITION/MERGER NEWS by Rons_ROV_Links
HITT NV, supplier of traffic management, hydrographic and navigation systems for aviation and shipping signed today the Share Purchase Agreement with the owners of IVS 3D.
IVS 3D, market leader in marine information visualization, processing and analysis software, has offices in United States, Canada and Great Britain. The company was founded in 1995, and has developed highly sophisticated commercial products through key partnerships with business, government and academic institutions, including the Center of Coastal & Ocean Mapping of the University of New Hampshire, USA.
The operations of IVS and QPS, HITT's subsidiary in Zeist, the Netherlands, will be combined and together form a joint workforce of 56 highly qualified and knowledgeable employees. The organization thereby becomes the most significant developer and producer of commercial off-the-shelf software for data-acquisition, data-processing and 3D/4D visualization in the worldwide markets of geodesy, hydrography, oceanography and precision navigation. The key products are known under the brand names QINSy, Fledermaus and Qastor.