New owners and a bright future for Norcontrol IT

Kongsberg Defence & Aerospace AS (KDA), has acquired 100% NCITkdaPrev300x242.JPG (17473 bytes)ownership of Norcontrol IT AS, through the purchase of two-thirds of the shares from Kongsberg Marine IT (a division of Kongsberg Maritime), and the remaining third from minority shareholders.

Kongsberg Defence & Aerospace AS (KDA), has acquired 100% ownership of Norcontrol IT AS, through the purchase of two-thirds of the shares from Kongsberg Marine IT (a division of Kongsberg Maritime), and the remaining third from minority shareholders.

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Norcontrol IT will remain a separate, private company, integrated into a newly established division within KDA: Land Systems & Surveillance which provides maritime and land based surveillance systems for civilian, military and other public installations at national and international levels.

“The internal sale to KDA is good news for our customers in the port, coastal and offshore markets. It's business as usual but we are much stronger, with more resources to face challenges in the future,” comments Jan Anders Horntvedt, Managing Director, Norcontrol IT. “Our organisation, structure and management team will remain and we will gain additional strengths in the coastal surveillance and security markets enabling us to offer a more complete package.”

Norcontrol IT is a market leader in maritime surveillance including Vessel Traffic Management and Information Systems (VTMIS) and Automatic Identification Systems (AIS), with more than 160 installations worldwide. The company has recently launched a sophisticated new maritime domain awareness operator display that has already been selected by the UK's Maritime and Coastguard Agency (MCA) to supply AIS network infrastructure.

"Norcontrol IT's market position and range of products constitute a very important contribution to our efforts in this field and will help ensure that we enter this arena with a strong market position," comments Odd Kyllingmark, Executive Vice President of the new Land Systems & Surveillance Division of Kongsberg Defence & Aerospace AS.

Norcontrol IT's headquarters remain in Horten, Norway and its worldwide subsidiaries will continue as usual, providing R&D, sales and customer support at the high levels customer's expect from this international market leader.

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