AI maritime analytics firm Windward acquired by UK firm for £216M, boosting US expansion.
Maritime analytics company Windward, known for its AI technology, is being acquired by Octopus UK Bidco, a subsidiary of FTV Capital, for £216 million. This deal, at a 47% premium on Windward's last share price, is part of a trend of US investors acquiring London-listed firms. The acquisition aims to boost Windward's expansion in the US and support its ambitious product development, offering increased job security and funding for the company.
3 months ago
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