Teledyne Technologies announced that it has acquired ChartWorld International Limited and affiliates. ChartWorld, headquartered in Cyprus, with additional locations in Hamburg, Singapore, Vancouver and Tokyo, is provider of digital marine navigation hardware and software provided through an affordable subscription-based model. Terms of the transactions were not disclosed.Commercial maritime subscribers to ChartWorld’s software as a service receive free type-approved Electronic Chart Display and Information Systems, a lifetime warranty and global 24/7 support. ChartWorld also provides digital Electronic Navigational Charts and other geospatial software and services, including digital route appraisal and voyage planning, as well as onshore software for fleet monitoring and risk assessment.
Published first on TheFly
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