Oceaneering International, Inc. (NYSE: OII) has acquired Global Design Innovation Ltd. (GDi), a UK-based digital and software services provider. This acquisition strengthens Oceaneering’s digital offerings, particularly in asset management, by incorporating GDi’s expertise in remote visual inspection and data solutions. GDi, the only UKAS-certified provider for remote visual inspections using point cloud data, brings advanced algorithms and its Vision software, complementing Oceaneering’s portfolio and enhancing safety, data quality, and cost efficiency for global clients in sectors like oil and gas, utilities, and power generation.
Strategic Alignment and Operational Synergies
Roderick A. Larson, President and CEO of Oceaneering, emphasized the strategic importance of this acquisition, stating, “We are excited to integrate GDi’s advanced digital solutions with our global network, allowing us to deliver exceptional value to clients by expanding our capabilities in digital asset management.” GDi’s technology supports Oceaneering’s broader goal of offering integrated digital services that optimize asset management, streamline operations, and reduce costs.
GDi to Operate Under Its Brand Identity
As GDi joins Oceaneering, the company will retain its established brand identity and report through Oceaneering’s Integrity Management and Digital Solutions (IMDS) segment, ensuring continuity for GDi’s current customers. Karl Green, Director of GDi, shared his enthusiasm: “Joining Oceaneering’s team allows us to leverage their global network while continuing to deliver the high-quality digital services our clients expect.”
Reference: https://www.oceaneering.com/
