AXYS Technologies announced today it has signed a definitive agreement to acquire 100 percent of the FLiDAR NV shares.
Canadian-based and privately-held, AXYS has developed environmental monitoring technologies for the last 40 years. In 2009, AXYS developed the WindSentinel floating LiDAR, which has since evolved into a dual-LiDAR platform.
Belgium-based FLiDAR was formed in 2011 as a joint venture between 3E and Offshore Wind Assistance (part of the DEME group) to provide floating LiDAR offshore wind measurement technology.
Terry Tarle, AXYS President & CEO said, “AXYS and FLiDAR share the vision of delivering the highest quality data to offshore wind developers of fixed and floating wind farms worldwide. By combining the strengths of both companies, this alliance will enable current and future clients to benefit from a deeper expertise in wind resource data collection, a wider offering of offshore measurement solutions, and an agile service team able to cover projects globally. ”
“We are excited about the accelerated growth opportunities that this acquisition will bring for FLiDAR and our ability to meet more of our clients’ needs,” said Reinhardt Stevens, General Manager at FLiDAR. “We look forward to expanding our offering internationally to include metocean and wave buoys.”
AXYS plans to expand the capabilities of the current FLiDAR office in Belgium to include AXYS’ other offshore measurement offerings such as metocean buoys, TRIAXYS wave buoys, and the AXYS-APS Geo-portal. AXYS will centralize its’ complete European sales, service and engineering team from this new office which aims to continue product development through R&D projects which involve customers, strategic suppliers and commercially-focused research centers.
The acquisition closed August 31, 2015. Contract terms have not been released.