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Oceaneering acquires Global Design Innovation Ltd. to advance its digital capabilities

PUBLIC · OIIOct 29, 2024

Acquiring Company

Oceaneering

Acquired Company

Global Design Innovation

HoustonAberdeenManufacturingEnergyOil And GasSoftware

Description

Oceaneering International, Inc. (NYSE: OII) has completed the acquisition of Global Design Innovation Ltd. (GDi), a UK-based provider of digital and software services. The acquisition is a strategic move aligned with Oceaneering’s plan to expand its digital and software solutions and enhance its global client offerings, particularly in industries such as oil and gas, utilities, and power generation.

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Company Information

Company

Oceaneering

Location

Houston, Texas, United States

About

Oceaneering International, Inc. is a global technology company delivering engineered services and products and robotic solutions to the offshore energy, defense, aerospace, manufacturing, and entertainment industries.

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Frequently asked

Who acquired Global Design Innovation?

Global Design Innovation was acquired by Oceaneering, based in Houston. The deal was reported on October 29, 2024. Oceaneering International, Inc. is a global technology company delivering engineered services and products and robotic solutions to the offshore energy, defense, aerospace, manufacturing, and entertainment industries. Oceaneering is publicly traded (OII) and operates in Manufacturing.

When did Oceaneering acquire Global Design Innovation?

Oceaneering's acquisition of Global Design Innovation was reported on October 29, 2024. Oceaneering International, Inc. (NYSE: OII) has completed the acquisition of Global Design Innovation Ltd. (GDi), a UK-based provider of digital and software services. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Global Design Innovation do?

Global Design Innovation Ltd. (GDi) is a UK-based provider of digital and software services, certified by the United Kingdom Accreditation Service (UKAS) to perform remote visual inspection using point cloud data and photographic images. It is privately held, operating in Software, and is based in Aberdeen.

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