RightShip has announced the acquisition of Thynk Software’s maritime tech business, 18 months after collaborating with the company in launching its own digital platform.
Thynk’s founder and CEO, Marlon Grech, and approximately 30 staff will join RightShip when the deal is completed, expected to be on 1 September 2022. Mr Greach will also become RightShip’s first Chief Technology Officer.
“I am delighted that we can announce the acquisition of Thynk Software’s maritime tech business, and that Marlon and his team will join RightShip,” said RightShip CEO, 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.”
“Over the past 20 years RightShip has grown purely organically. This acquisition provides us at RightShip with an exciting opportunity to solidify our very foundation as a digital product builder. Having the ‘ready-made’ technology expertise that Thynk brings allows RightShip to secure increased value for customers, allowing us to grow faster than if we built this capability internally, from the ground up.”