Oceaneering’s Advanced Technologies Group (Adtech) acquires Frog AGV Systems
Acquisition to better serve customers in defense, entertainment and aerospace markets.
Latest NewsState of Logistics 2016: Pursue mutual benefit B2B Sellers Prefer a Unified Approach for Ecommerce Report forecasts growth in automated truck loading systems B2B Industrial Packaging acquires Alpine Distribution’s packaging division Corrugated industry links rise in recycled content of boxes to advances papermaking technology More News
Latest ResourceB2B Sellers Prefer a Unified Approach for Ecommerce A new study from Forrester Consulting, commissioned by NetSuite, found that many midmarket, B2B sellers say their ecommerce solutions have contributed to their growth in sales, new customer acquisitions and improved customer relationships.
Oceaneering International’s Advanced Technologies Group (Adtech) has announced the acquisition of Frog AGV Systems.
Frog AGV Systems is based in Utrecht, The Netherlands, with offices in Germany and the US. With more than 1,200 AGV’s (automated guided vehicles) deployed in the past 30 years, Frog’s products use its patented navigation technology, in conjunction with sophisticated software and sensors, to provide accurate guidance to its AGVs. The AGVs then autonomously navigate through complex pathways to complete various missions. Frog’s AGV systems can be found in a multitude of industrial applications, typically in use as very flexible transportation systems for the automotive industry, plastics and electronics, pharmaceutical, healthcare, food and beverage, warehousing logistics, foundries and specialized aerospace applications.
Oceaneering International is a publicly traded US company that is a global oilfield provider of engineered services and products for the offshore oil and gas industry. The Adtech group already serves the defense, entertainment and aerospace industry with highly automated systems that will be enhanced by Frog’s continuing operation and expansion.
Frog’s recent successes include its partnering with Adtech’s theme park division, Oceaneering Entertainment Systems (OES), in development of the world’s first Tru-Trackless TMpassenger ride vehicles for the theme park industry. More recently Oceaneering and Frog were awarded a major AGV contract by the CHUM Hospital in Montreal to provide a large fleet of logistics support AGVs.
Subscribe to Logistics Management Magazine!Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your entire logistics operation.
Start your FREE subscription today!
Megatrends in ocean freight Ocean Cargo Roundtable: What’s in store for 2017? View More From this Issue