DNV GL acquires Marine Cybernetics

July 2, 2014

DNV GL Group COO and Executive Vice President Remi Eriksen, left, shakes hands with Stein Eggan, chief executive officer of Marine Cybernetics, following the acquisition announcement at Houston’s OTC 2014.Photo from DNV GL.

At Houston’s Offshore Technology Conference in May, leading maritime and offshore classification society Oslo’s DNV GL announced it acquired Marine Cybernetics. Notable for introducing Hardware-In-Loop testing to the industry, Trondheim’s Marine Cybernetics was established in 2002 as a spin-off from the Norwegian University of Science and Technology (NTNU).

“We share a similar philosophy for providing advanced services within testing, verification and technical advisory,” DNV GL Group Executive Vice President and Chief Operating Officer Remi Eriksen, said, calling Marine Cybernetic’s third-party testing and verification of computer-based control systems “second to none.”

DNV GL also announced that it will be rolling out HIL testing globally.

“DNV GL and Marine Cybernetics have a good strategic match - with common values, an aligned strategic focus as well as complementary services and competencies,” he said. “DNV GL’s ability to fulfill its purpose of safeguard- ing life, property and the environment is significantly strengthened by this acquisition.”

Eriksen called the acquisition a “strategic investment” that addresses the industry trend of increasingly complex and interconnected computer-based control systems. “We see that an increas- ing number of incidents - many of them severe - are caused by software-related issues. To ensure step change in the safety and efficiency of offshore and marine operations more emphasis has to be put on software quality,” he said. Marine Cybernetics will become an independent business unit within DNV GL. Following the deal, Norway’s Kristian Gerhard Jebsen Group (KGJG) announced it will increase its stake in Marine Cybernetics to 30%, with the investment being used to co-develop the company with DNV GL, which retained 70%.