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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