Ocean Infinity Sealed Its Fifth Acquisition

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  • Ocean Infinity has sealed its fifth acquisition this year, buying Norwegian technology developer for autonomous port operations Red Rock.
  • Red Rock is spearheading the development of digital and autonomous solutions to revolutionise lifting and handling both onshore and offshore.

A recent news article published in the Redrock site states that Ocean infinity acquires Redrock.

Ocean Infinity’s Armada

The acquisition will combine Ocean Infinity’s Armada robotic vessels and low emission operations with Red Rock’s ability to develop hardware and software solutions for remote and autonomous handling. “Together, the two businesses will transform port operations and shipping through artificial intelligence-enabled, safe, low emission movement of vessels and cargo,” Ocean Infinity said.

Red Rock’s business lines

All of Red Rock’s business lines spanning marine, artificial intelligence, software solutions and digital consulting are included as part of the acquisition.

Ocean Infinity’s footprint in Europe now extends to offices in Norway and Romania, alongside the existing presence in North America, the Middle East and Africa.

The enlarged group will have a full-time headcount of approximately 600 people.

Ocean Infinity has been on a massive shopping spree this year taking over Swedish survey and data analytics provider MMT, maritime security firm Ambrey, software engineering specialists Abyssal and most recently marine geotechnics experts Geowynd.

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Source:Redrock

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