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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