S&P Global has agreed a deal to acquire ORBCOMM’s Automatic Identification System (AIS) data services business, with plans to integrate the business into its S&P Global Market Intelligence division.
ORBCOMM’s AIS technology, first introduced in 2004, combines satellite and terrestrial vessel tracking data and is used across applications including supply chain visibility, maritime safety, environmental monitoring, and regulatory compliance.
The company’s AIS services will support S&P Global’s broader supply chain and maritime offerings following the acquisition.
“With the uncertainties surrounding global markets and supply chains, this strategic acquisition underscores our commitment to investing in differentiated data and solutions that can help our customers navigate the volatility,” said Whit McGraw, Head of Risk & Valuations Services at S&P Global Market Intelligence.
“ORBCOMM’s AIS data services business offers cutting-edge technology and coverage that strengthens our energy transition and maritime supply chain offering, giving us ample opportunity to invest in new product innovations.”
As part of the agreement, S&P Global will also take an equity position in ORBCOMM and form a strategic alliance to jointly develop new supply chain data and insight services. The companies aim to leverage their combined capabilities across global trade and logistics.
The acquisition remains subject to customary closing conditions, including regulatory approvals, and is expected to be completed in 2025. Financial details of the transaction were not disclosed.
