Navico Holding AS, the parent company to the Lowrance, Simrad and B&G brands, announced that it has acquired Contour Innovations.
Contour Innovations is a mapping and geospatial software company that created the LakeTrax platform, which powers Navico’s revolutionary Insight Genesis global map-making tool. Navico has worked closely with the Contour Innovations team for the past two years to bring Insight Genesis to market.
To date, Insight Genesis has provided map-making tools to 146 countries, a number that continues to grow.
Contour Innovations is also the creator of the innovative BioBase software and service, which allows aquatic biologists, government agencies, researchers, and others to implement long-term monitoring programs related to current and historical aquatic vegetation densities and other water-quality characteristics.
“Mapping content is a strategic priority for Navico’s growth ambitions,” said Leif Ottosson, president and CEO of Navico. “With the acquisition of Contour Innovations, and its talented team, we will rapidly strengthen and expand the functionality of our Insight Genesis service. We are confident that accelerating and adding even more innovative capabilities to Insight Genesis will be a big win for our customers.”
“Closer integration through this acquisition will allow us to speed and enhance the delivery of software features and new solutions for existing and future customers, said Matt Johnson, CEO of Contour Innovations. “The entire Contour Innovations team is excited to join the Navico family and looks forward to elevating our mapping and software solutions to exciting new levels.”
The acquisition of Contour Innovations is the second purchase Navico has announced in the last six months. The company recently acquired Consilium’s rad
