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Synopsis
Signal Ocean, the technology arm of The Signal Group, completed the acquisition of AXSMarine, a provider of sophisticated software solutions serving the international shipping industry, from Barry Rogliano Salles, a maritime brokerage firm. Financial terms were not disclosed. "This investment and partnership is rooted in a shared vision: to build technology and provide quality data that enhance the way our industry operates. Together, we aim to push the boundaries of innovation, deepen collaboration across market participants, and deliver solutions that truly serve the community across prefixing, postfixing and commodities tracking. For our clients, this will mean more robust data and faster feature development," Ioannis Martinos, Signal Ocean CEO.
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