Wärtsilä Expands with Transas Acquisition

first_imgFinland-based technology group Wärtsilä is to acquire UK’s Transas in an effort to speed up its journey along the path towards its Smart Marine Ecosystem vision.The transaction, which is valued at EUR 210 million (USD 257.8 million), is expected to be closed during the second quarter of 2018. The acquisition takes Wärtsilä a step closer to achieving its mission of enabling sustainable societies with smart technologies.It will also speed delivery on the company’s promise to disrupt the industry by establishing an ecosystem that is digitally connected across the entire supply chain, through applications that are secure, smart and cloud-based.Wärtsilä’s Smart Marine Ecosystem is a vision whereby smart vessels connect with smart ports and beyond to deliver three fundamental industry benefits: maximising the use of resources and operational efficiency, minimising environmental impact and risk, and achieving the highest levels of safety and security.Through data integration, greater connectivity and cloud-based technology, Wärtsilä aims to resolve inefficiencies in the shipping sector resulting from overcapacity, sub-optimal fuel consumption, and waiting times at ports and other high-traffic areas.“We can now connect Wärtsilä’s product portfolio, the biggest in the Marine industry, with Ship Traffic Control, Simulators, Navigation solutions and fleet operation solutions from Transas. The combined package will further improve the way a vessel can sail in the most cost efficient and environmental friendly way for our customers,” Roger Holm, President, Wärtsilä Marine Solutions, said.last_img read more

Manchester United close to £46m deal?

first_img Manchester United midfielder Angel di Maria 1 Paris Saint-Germain may be a step closer to signing Angel di Maria after he failed to board his flight to the United States and therefore did not join Manchester United’s pre-season tour party, Louis van Gaal has revealed.Di Maria, subject of serious interest from the French side, was due to meet up with his team-mates in San Jose on Saturday.But the British record signing did not catch his plane to California, which will fuel speculation his move to PSG is moving closer.“No,” the United manager said when asked if Di Maria had flown to San Jose.“I have heard he is not on the plane. I cannot say anything. He was not on the plane.”United have refused to comment on reports in France that they have agreed to sell the Argentina winger to the Parisian club for £46million.But the unsettled 27-year-old was not in the US for Saturday’s 3-1 win over Barcelona in Santa Clara and neither was Marcos Rojo, who had been also been given extended leave following the Copa America.The only person who reported for duty who was supposed to was Javier Hernandez, who was playing for Mexico in the Gold Cup.“Marcos Rojo was also not on the plane. He had passport issues,” Van Gaal added.“That I do know. But for Di Maria I do not know why. Javier Hernandez is here.”last_img read more