Digital maritime platform, RightShip has acquired Thynk Software’s maritime tech business.
Thynk’s founder and chief executive, Marlon Grech and around 30 of his colleagues will join RightShip when the acquisition completes which is expected to be 1 September 2022. Marlon will also become RightShip’s first chief technology officer.
“I am delighted we can announce the acquisition of Thynk Software’s maritime tech business, and that Marlon and his team will join RightShip,” said RightShip chief executive, Steen Lund.
“This is a critical strategic development for RightShip as we gain our own in-house technology competence that will underpin our long-term growth objective of being an industry leading ESG focused digital maritime platform.”
RightShip launched its innovative platform 18 months ago after close collaboration with Thynk. “Having the ‘ready-made’ technology expertise that Thynk brings allows RightShip to secure increased value for our customers allowing us to grow faster than if we built this capability internally, from the ground up,” continued Steen Lund.
Marlon Grech, founder and chief executive at Thynk said that the deal was a great opportunity for Thynk. “We have worked together for several years now and know each other well, and so for me and my Malta based team, this is a natural progression,” he said.
RightShip CEO, Steen Lund Photo: RightShip