Seacloud, a provider of software and sensor technologies to the fish farming industry, has entered into an agreement to acquire Meox’s environmental monitoring products and software.
As part of the agreement, the Bluefront Equity-owned Seacloud acquires all intellectual property and commercial rights for Meox’s popular Guardian product range. These battery-powered buoys measure various water parameters such as oxygen, salinity, water flow, temperature, turbidity and other factors. The buoys are placed in fish cages and transmit data wirelessly to a cloud-based system.
Today, approximately 570 Guardian buoys are installed at fish farming facilities along the entire Norwegian coastline as well as in Iceland, Scotland, Faroe Islands and Greece. Seacloud takes on responsibility for maintenance and sale of the buoys.
‘Our objective is to offer both Seacloud’s and Meox’s customers a more holistic environmental monitoring solution than what is available today. We also look forward to bringing the Guardian-products into our product portfolio,’ says Jens-Harald Jenssen, managing director of Seacloud.
Seacloud offers sensors and software that provide an overview of the fish’s environmental conditions. Additionally, the company provides solutions that give an overview of equipment, operations and logistics. The solutions standardize, safeguard and make the fish farming industry’s work processes more efficient.
Seacloud’s customers have access to a dashboard that provides an easy-to-understand overview of environmental data from the marine environment. Going forward, sensor data from the Guardian buoys will be integrated with the Seacloud platform, thereby allowing fish farmers to have all their environmental data available in one single system.
Today’s users of Meox’s cloud-based software will be offered the opportunity to transfer to Seacloud’s software. The latter is one of the most sophisticated and flexible solutions available.
The acquisition of Meox’s product portfolio is part of Seacloud’s growth and consolidation strategy to build the fish farming industry’s most robust SaaS (Software-as-a-Service) company. In August, Seacloud merged with software company Naviaq. Both companies have Bluefront Equity as their largest shareholder.
