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Intelliscan marine division acquired by Pisys Group
(Feb 8 2010)
Scottish software provider Intelliscan has spun off its marine division into a new company called Pisys Marine Ltd, which has been acquired by the Aberdeen-based Pisys Group.
The two directors of Intelliscan agreed on a ‘share swap’ deal which has seen the company separated into two focused organisations, to be independently run by each director.
Jonathan Shapiro has become the majority shareholder of Pisys Marine in partnership with the Pisys Group. Pisys Marine will retain all the existing business of the former Intelliscan marine division and the original marine team will remain intact, remaining in the existing headquarters in Oldmeldrum, Aberdeenshire.
Pisys Marine will continue to develop and sell licences of its software, which enables electronic versions of Admiralty Charts and other maritime data to be used inside standard desktop geographic information systems.
Its main supplier, the United Kingdom Hydrographic Office (UKHO), has transferred the contracts of supply and development from Intelliscan to Pisys Marine.
“This announcement is great news for Intelliscan’s marine customer base as it will enable us, as Pisys Marine, to invest in development and support allowing us to expand our product portfolio and level of customer service," said Mr Shapiro.
"It also allows for an even more focused and strategic approach to addressing the needs of the marine industry, which we are committed to doing."
Pisys Group director, Peter Henderson, added: “Intelliscan has become an established player in the marine industry and has worldwide proven experience in developing cutting-edge software products and services to the industry. Combining its capabilities in this area with those of Pisys creates a powerful new entity."
“We will be supporting Pisys Marine by investing in the development of new products and services to further enhance its offering to the marine industry.”
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