ABB to acquire DTN’s weather routing business to expand marine software portfolio
Swedish-Swiss technology conglomerate ABB has agreed to acquire the shipping business of weather and meteorological forecasting specialist DTN, which includes DTN Europe and DTN Philippines, in a move to expand the company’s offering in maritime software. DTN’s shipping portfolio covers vessel weather routing software, analytics, reporting, shore-based support and modelling applications. ABB did not disclose the financial terms of the acquisition.