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Kraken finalises PanGeo Subsea purchase

Canada-based marine technology company Kraken Robotics has completed the acquisition of 3D acoustic imaging specialist PanGeo Subsea. The acquisition was finalised on terms previously disclosed in the definitive agreement signed in July, Kraken said. Upon closing, PanGeo is now a wholly-owned subsidiary of Kraken Robotic Systems. The company will continue to operate in sub-seabed imaging […

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