Bluefin Robotics acquires SeeByte
Oct 08, 2013 (MarketLine Financial Deals Tracker via COMTEX) --
Bluefin Robotics Corporation, a US-based manufacturer of autonomous underwater vehicles (AUVs) and related technologies, has acquired SeeByte, Ltd., a UK-based developer of software for unmanned underwater vehicles, sensors and systems.
Following the transaction, SeeByte will operate as a wholly-owned subsidiary of Bluefin.
Deal Type Acquisition
Sub-Category 100% Acquisition
Deal Status Completed: 2013-10-07
Target (Company) SeeByte, Ltd.
Acquirer (Company) Bluefin Robotics Corporation
The acquisition allows Bluefin to bring integrated expertise in vehicle control, low-level vehicle to high-level mission autonomy, sensor processing, operator interface and power subsystems to its customers.
The transaction allows both the companies to offer a suite of autonomy products for surface vehicles and underwater vehicles, both remotely-operated and unmanned from research and development through design and manufacture to field operations in both defense and commercial markets.
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