Danelec Acquires Nautilus Labs' AI Technology Platform

November 24, 2023

Copenhagen-based Danelec has acquired the AI-based technology platform from New York-based Nautilus Labs to combine Danelec’s onboard data capture hardware and install base with Nautilus Labs’ fleet-performance analytics. The deal adds vessel optimization and advanced machine-learning analytics to Danelec’s offering, while the Nautilus platform will continue to operate and support existing customers under Danelec ownership.

Buyers
Danelec
Targets
Nautilus Labs (technology platform)
Sellers
Nautilus Labs
Industry
Transportation
Location
New York, United States
Transaction Type
Divestiture

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