Vard’s subsidiary Seaonics has acquired ICD Software, a company that provides automation and control system software to the offshore and marine sectors.

With this take-over, Seaonics will enhance its deck-handling equipment and automation technology business.

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Seaonics chairman Stig Bjørkedal said: "This acquisition is a catalyst for growth and development of Seaonics, and an important step for Vard in strengthening our equipment and solutions portfolio.

"The integration of in-house developed automation and control system software enables us to offer a complete complex product delivery to the customer."

"Integration of in-house developed automation and control system software enables us to offer a complete complex product delivery."

The deal will enable Seaonics to develop and deliver parts of the equipment for drilling vessels, including automation systems for cranes, winches, and other deck-handling equipment.

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ICD Software, which currently employs 63 people in Norway and its subsidiaries in Poland and Estonia, will support the development of products for Seaonics and other Vard companies, Vard stated.

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Established in 2011, Seaonics offers cranes for critical offshore lifting operations up to 250t, as well as launch and recovery systems (LARS).

In January, Seaonics secured a contract to deliver equipment for a polar research vessel.

Valued at more than NOK100m ($13.02m), the large equipment package will be used for deployment on the vessel that is under construction at Italian ship-building firm Fincantieri’s integrated shipyard in Riva Trigoso-Muggiano.

Under the contract, the firm will deliver winches, deck cranes, and overboarding systems, including LARS and A-frames.