UNCASVILLE, Conn. – The Thomas G. Faria Corp. and its marine division, Faria Marine Instruments, have acquired the right, title and interest of certain marine-related software products from Maptech Inc. of Amesbury, Mass., the company reported in a recent statement.
The two companies first started working together in late 2005, when they signed an agreement to work together in developing a range of new product offerings.
The purchased software is currently utilized by Faria in its suite of Maestro touch screen navigational products, the company explained. Faria has hired several former Maptech engineers, it added.
“We are enthusiastic about having completed this acquisition,” said Faria President David Blackburn, “and we feel that owning these software platforms will allow us to take this technology to the next level – a process that has been underway for some time now but I expect will accelerate under our ownership.”
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