C-MAP Acquires i-Sea
C-MAP, a leading supplier of digital marine cartography and cloud-based mapping solutions, has announced the acquisition of i-Sea AS, a technology and consulting company focused on the marine sector.
Located in Oslo, Norway, i-Sea has a proven track-record of designing, developing and operating maritime solutions at scale. Based on in-house technology, i-Sea developed and launched Embark in 2015, a user-friendly, cross-platform application for the boating community. With more than 160,000 Embark users, i-Sea uses its scalable technology platform to create and deliver smart and beautiful nautical maps to boaters around the world.
“We are very pleased to acquire i-Sea,” said Sean Fernback, CEO C-MAP. “We are committed to providing recreational boaters with the best experience to help them plan, navigate and enjoy their journey. The acquisition of i-Sea helps us to further deliver on that commitment. We looked at a number of alternative boating apps and delivery platforms in the industry and I have no doubt we have picked the best and most advanced that will further improve the content, services and user experience we deliver to our Customers. We look forward to working with the i-Sea team and integrating i-Sea technology to benefit C-MAP’s global mapping platform.”
“We are very happy to have become a part of the C-MAP team,” said Kristin Omholt-Jensen, CEO i-Sea. “C-MAP has map data, talents and financial strength demonstrating their appetite to invest in future technologies and products. We are working very closely with our users; we engage them, we chat with them and we have developed Embark based on the user’s feedback! Together with C-MAP we will be able to scale Embark to boaters everywhere.”