Announced
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Acquisition
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Merger
Singapore
software development
it services
IT Services: Other
Synopsis
Alpha Ori Technologies, an IoT sensors and high frequency data company, agreed to merge with ZeroNorth, a multi-service technology platform. Financial terms were not disclosed. "I am delighted to be able to announce this agreement with Alpha Ori Technologies, which we truly believe represents the exciting next step in shipping’s digital and sustainability transformation. This is a strategic move that will not just benefit our customers, but the sector as a whole. It will enable us to serve the industry as its leading maritime optimisation provider of choice and underlines our commitment to bettering both profit and planet. It will accelerate our technology development, strengthen our innovative mindset, and enable us to continue to help our customers focus on profit and planet in an increasingly complex and volatile world," Søren Meyer, ZeroNorth CEO.
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