STAR has enhanced its global asset-management capabilities by acquiring Sharecat, a provider of technical data quality solutions, to improve data management in maritime and industrial sectors.
Target Information
Star Information Systems (STAR) has successfully acquired Sharecat, a specialist in technical data quality solutions, enhancing STAR's global asset management capabilities. STAR, headquartered in Trondheim, provides advanced software solutions primarily tailored for maintenance, operations planning, procurement, and logistics within the maritime and energy sectors. Founded in 1993, Sharecat's operations in Bergen focus on offering cloud-based SaaS platforms that manage and exchange critical information for heavy and complex industries, notably in the oil and gas sector.
The acquisition not only augments STAR's current offerings but enhances technical data quality, which is paramount in asset-intensive industries. By leveraging Sharecat's expertise in structuring, validating, and sharing technical asset data, STAR aims to provide its clients with improved data management solutions that ensure timely maintenance execution at reduced costs.
Access Full Deal Insights
You’re viewing a public preview of this deal. To unlock full access to ca. 50,000 other deals in our database and join ca. 400 M&A professionals who are using it daily, sign up for Dealert.
Industry Overview
The maritime and energy sectors, particularly in Norway, play a pivotal role in the country’s economy, leveraging advanced technology to meet the demands of the global marketplace. Norway boasts a long-standing heritage in maritime operations, characterized by a
Similar Deals
Star Information Systems
invested in
Sharecat
in 2023
in a Other deal