Home / News / Pole Star and Absolute in Global Merger Agreement
Bookmark and Share

Pole Star and Absolute in Global Merger Agreement

Posted on 5.08.2011

Pole Star Space Applications Limited, Absolute Software Inc. and Absolute Maritime Tracking Services Inc. today announce that they are actively engaged in talks intended to lead to a merger of their respective global operations. As a result, clients will have improved access to the combined companies’ market-leading services and technology solutions. All key managers will be taking senior roles within the merged group.

For more information, please contact:

Colin Hook, Chairman
Pole Star Space Applications Limited
Tel: +44 (0)20 7313 7400

PS-Absolute-merge

Pole Star Space Applications Limited is the world’s leading provider of location-based fleet management, security and telematics services to the commercial marine sector and Government Administrations. Working closely with its extensive client base and its global partner network, the company has developed innovative and reliable solutions that enable its users to manage their assets worldwide. The company’s services provide clients with the information they need to maximise operational performance and to safeguard their assets and crews. More than 1,250 clients utilise Pole Star’s systems and services which provide support for operational and regulatory responsibility to more than 25,000 ships worldwide. This includes the management of some 38 LRIT National Data Centres. Pole Star is being advised by Livingstone Partners LLP.

Absolute Software Inc. and Absolute Maritime Tracking Services, Inc. are leading international providers of Fisheries Vessel Monitoring Systems and LRIT for large merchant maritime shipping. In total, the Absolute companies monitor the location of over 12,000 ships on a daily basis. This includes management of the Panama National Data Centre, the world’s largest data centre with over 6,000 vessels monitored. Absolute also offers ruggedized solutions to the transportation, mining and oil & gas industries for terrestrial fleet monitoring, beyond the range of conventional radio or cellular data networks. Absolute is being advised by Near Earth LLC.