Company: North Technology Group, Sailmon
Business Type: Software Developer
UK & International Business Sales and M&A News
North Technology Group (NTG) has acquired sailing software manufacturer Sailmon for an undisclosed sum.
Founded by three-time Olympic sailor Kalle Coster and based in the Netherlands, Sailmon develops both hardware and software, including manufacturing customisable graphics displays and high-accuracy data processors for the sailing community. The processors, including the E4 range, deliver fast, accurate and reliable data, using algorithms designed and used by pro sailors, combining sailing data with advanced racing technology. All Sailmon equipment performs automatic over-the-air software updates.
The Salmon Sailing app caters to all watersports enthusiasts, offering real-time data, personal challenges, and video / photographic footage. It is focused on building a community, from kitesurfers, racers and explorers to recreational sailors, to share experiences and challenges.
Kim Coster, Managing Director of Sailmon, believes the acquisition will open up the company’s products to a wider market. He said:
“Our mission is a perfect fit with the North Technology Group. At Sailmon, our goal has always been to make technology accessible to everyone, regardless of age, gender, skill level, or the type of watersport you enjoy.
“We believe that our products can enhance the experience for everyone, whether you’re striving for success or simply seeking enjoyment with friends and family. With the North Technology Group’s support, we are eager to continue advancing our vision of making sailing and watersports better for participants, coaches, and fans.”
Kim Coster – Managing Director of Sailmon
North Technology Group originated in 1957 with North Sails, the global leader in sail-making. It has since taken on many other marine-related brands, including Southern Spars, Future Fibres, Hall Spars, Mystic Boarding, North Kiteboarding and EdgeWater Boats.
With this addition, NTG demonstrates its commitment to innovation and technology in the sailing industry. Sam Watson, Group CEO of NTG, commented:
“We are thrilled to welcome Sailmon into the North Technology Group. This addition represents a significant milestone in our ongoing commitment to advancing the sport of sailing.
“Sailmon’s innovative solutions align perfectly with our vision and, together, we will continue to push the boundaries of what is possible in the world of marine technology.”
Sam Watson – Group CEO of North Technology Group
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