Digital marine cartography specialist C-MAP has acquired i-Sea AS, a Norwegian technology and consulting firm that focuses on the marine sector.
Located in Oslo, i-Sea designs, develops and operates marine solutions at scale. In 2015, the company launched Embark – a cross-platform application for the boating community with more than 160,000 users. i-Sea uses its scalable technology platform to create and deliver nautical maps to boaters around the world.
C-MAP CEO Sean Fernback says: “We are committed to providing recreational boaters with the best experience to help them plan, navigate and enjoy their journey. The acquisition of i-Sea helps us to further deliver on that commitment.
“We looked at a number of alternative boating apps and delivery platforms in the industry and I have no doubt we have picked the best and most advanced that will further improve the content, services and user experience we deliver to our customers,” he adds. “We look forward to working with the i-Sea team and integrating i-Sea technology to benefit C-MAP’s global mapping platform.”
Kristin Omholt-Jensen, CEO i-Sea, says that C-MAP’s data, talents and financial strength demonstrates their appetite to invest in future technologies and products. “We are working very closely with our users; we engage them, we chat with them and we have developed Embark based on the user’s feedback,” she says. “Together with C-MAP we will be able to scale Embark to boaters everywhere.”
C-MAP, which is owned by Digital Marine Solutions Holding AS (DMS), claims to offer the largest marine navigation digital chart database in the world. DMS is owned by Altor Private Equity and investment bank Goldman Sachs.