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Announced

S&P Global to acquire AIS business from ORBCOMM.

Synopsis

S&P Global, a provider of financial and analytical services, agreed to acquire AIS business from ORBCOMM, a provider of maritime tracking and monitoring solutions. Financial terms were not disclosed. "We're excited to join forces with S&P Global to unlock new intelligence from our deep data resources and deliver new levels of intelligence to global supply chain stakeholders. Our AIS team looks forward to scaling their solutions with S&P Global, while we continue to sharpen our focus on ground-breaking smart supply chain visibility technology that serves the world's intermodal shipping ecosystem," Sameer Agrawal, ORBCOMM CEO.

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