Written by Leslie Taylor
MILFORD, N.H. – Airmar Technology Corporation, a designer, engineer and manufacturer of ultrasonic transducers and sensor technology, has acquired substantially all of the assets of Marport Deep Sea Technologies’ Commercial Fishing division, a developer of advanced sonar technology.
Airmar will also acquire the name “Marport” and the web domain (www.marport.com) as a part of the transaction.
“The integration of our ultrasonic transducers and sensor technology coupled with Marport’s Software Defined Sonar will make us the partner of choice in the commercial fishing market today and well into the future,” said Airmar’s President and Chief Operating Officer, Matt Boucher.
The terms of the acquisition have not been disclosed.
Airmar and Marport will continue to jointly develop new products in the same manner, but will focus heavily on bringing new products to market quickly, improving lead times for existing products, and improving distribution channels.
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The Obama Administration recently announced that it is looking for candidates to be considered for a sustainable fishing prize.
The White House Champion for Change for Sustainable Seafood designation will honor individuals for “contributing to the ongoing recovery of America’s fishing industry and our fishing communities.”Read more ...