If you would like to send us an article, contact Margaret Stacey
Image: Innovasea / FIS
Innovasea Acquires Aquaculture Software Firm Aquanetix and Opens New Office in Greece
(UNITED STATES, 5/19/2023)
Innovasea, a global leader in technologically advanced aquatic solutions for aquaculture and fish tracking, announced today that it has purchasedAquanetix, a UK-based aquaculture software company, and moved its operations to a new office in Greece.
Source: Aquanetix
Founded in 2015, Aquanetix’s cloud-based aquaculture management software provides customers with deep insights into farm operations.
“Acquiring a company of Aquanetix’s caliber presents an exciting opportunity for us,” said Innovasea CEO David Kelly. “By adding its powerful farm management capabilities to our suite of real-time aquaculture intelligence solutions, we’ll be rounding out our precision aquaculture platform and further helping our customers make data-driven decisions to improve operations, run more efficiently and sustainably and become more profitable.”
Aquanetix co-founder and CEO Diogo Thomaz and his team have been retained by Innovasea and the company will be hiring additional personnel to staff the new office in Corinth, Greece.
“We’re thrilled to become part of the Innovasea family and add our farm management software to its strong portfolio of egg-to-harvest aquaculture solutions,” said Thomaz. “This is a wonderful opportunity for us to make additional investment into our business to enhance our existing tools and better serve our customers.”
Terms of the deal, which closed earlier this year, were not disclosed.
Aquanetix’s farm management software is in use at more than 200 farms in 31 countries and is currently being used to grow more than 30 species of fish and shrimp. By offering it alongside Realfish Pro, Innovasea now has a complete suite of precision aquaculture tools that can handle all aspects of running a fish farm – from real-time environmental monitoring and control capabilities to powerful analytics that improve operations and decision-making.
IInnovasea Acquires Aquaculture Software Firm Aquanetix and Opens New Office in Greece
Innovasea’s move into Greece is its second major expansion in the last three years. In 2020 it opened a full service office in Puerto Varas, Chile.
Source: Aquanetix
Headquartered in the United States, Innovasea also has offices in Canada, Norway and Australia.
Kelly said Innovasea’s footprint in Greece will help it execute on its growth strategy in key markets like the Mediterranean and Middle East while better serving existing customers in those areas.
“Those regions have demonstrated a strong appetite for aquaculture and really seem to recognize the potential of fish farming to feed the planet’s growing population, so we want to continue helping companies establish and broaden the industry in those markets,” said Kelly.
Shrimp Imports: Weak Yen Reduces Purchasing Power Japan
In the first quarter of 2024, Vietnamese shrimp exports to Japan reached 103 million USD, down 2% over the same period. After increasing by 30% in January, shrimp exports to Japan decreased by 21% and...
Copyright 1995 - 2024 Seafood Media Group Ltd.| All Rights Reserved. DISCLAIMER