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Marlink: Marlink acquires long-term vessel IT management partner Palantir

Press release -

Marlink: Marlink acquires long-term vessel IT management partner Palantir

Pioneer of maritime VSAT and pioneer of on board IT joining forces

Oslo/Paris, 17 March 2017: Marlink has acquired Palantir AS, a Norway-based maritime IT company specialising inremote IT management solutions. The Share Purchase Agreement whereby Marlink acquired 100% of Palantir AS shares was completed on March 17 2017.

Palantir provides IT managers on shore with easy access to individual vessels or entire fleets for remote support and management of on board IT networks. Marlink and Palantir already enjoy a close working relationship through a strategic partnership agreement started in September 2014, which has enabled Marlink to deliver integrated IT management services to its Sealink multi-band communications service customers, including Stolt Tankers and CMA CGM.

Palantir’s maritime IT solutions enable shipowners and operators to significantly improve fleet efficiency whilst reducing maintenance costs through standardisation, automation and remote management. Palantir is the company behind the sophisticated KeepUp@Sea managed IT service, which monitors all IT networks on board a vessel and across a fleet, providing significant savings by enabling IT staff on shore to detect and address issues remotely. Ship owners globally benefit from increased uptime and reduced burden on officers on board, in addition to less requirement for travel and physical interventions on IT issues, which supports cost reductions while lowering carbon footprint.

KeepUp@Sea is the ideal complement to Marlink’s Sealink multi-band communications services. It has enabled Marlink to expand its offering to shipping companies, providing fleet-wide control of IT network changes and upgrades from shore, ensuring more stability of PCs and equipment on board vessels. The system delivers more IT network uptime on board, providing high availability for diverse ‘smart shipping’ applications that are helping the industry to operate more effectively, which is especially vital in today’s challenging markets.

“Together, Marlink, Telemar and Palantir will offer an incredibly diverse service portfolio, supporting the shipping industry with state-of-the art communications, IT and electronics solutions from a single global and highly experienced organisation" said Tore Morten Olsen, President Maritime, Marlink.

“As the shipping industry is becoming increasingly more focused on data solutions further integration of IT and communications services is a must,” said Arvid Dregelid, President at Palantir AS. “Working as part of the same organisation, we bring the ability for Marlink to support the shipping industry with both the satcom and IT side, ensuring that the availability of networks on board matches the reliability of the link between ship and shore.”

Ends


For further information, please contact:

Knut Natvig, Marlink

T: +47 48 030 911

E: knut.natvig@marlink.com

www.marlink.com

Related links


About the Marlink / Telemar Group

Through its ownership of both Marlink and Telemar, Apax Partners has created a Group dedicated to providing the maritime industry with an integrated offering of broadband communications, digital solutions, bridge electronics and on-board maintenance. The Group is led by Erik Ceuppens as CEO.

Combining the power of these two long-term, expert organisations, Telemar and Marlink are the world’s leading maritime communication, digital solutions and servicing specialist covering all customer segments at sea including: Shipping, Offshore, Cruise & Ferry, Yachting and Fishing. The newly combined group will generate US $450 Million in revenues with more than 800 employees worldwide serving at least 1 in 3 vessels operating globally. The group will also continue to deliver the benefits of a digital and connected world to enterprise customers such as energy and mining companies, humanitarian organisations, global media and events companies.

The new Group will provide customers with unrivalled service and support through an enhanced global footprint and worldwide sales and service locations. A global 24/7 helpdesk, specialised competence centres, local presence on all continents and a network of 1000 service points staffed by highly qualified, certified service engineers, will support global customers to operate smarter and safer.

More than 70 years’ experience combined with strong satellite network operator and bridge electronics manufacturer partnerships enables the group to bring the power of broadband communication, maritime bridge technology and service excellence to customers globally, further optimising their business operations and enabling the digital vessels of tomorrow.

www.marlink.com

www.telemarspa.it

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