Sales of Orolia Fleet Management to MetOcean Telematics

Novell is pleased to announce that its client, Orolia (www.orolia.com), successfully divested its fleet management business to MetOcean Telematics (www.metocean.com). Headquartered in Rochester, New York, Orolia is the world leader in resilient Position Navigation and timing solutions. The fleet management business provides regulated services to the fishing and workboat industry, including a SaaS for managing tracking, reporting and safety. This transaction will strengthen MetOcean’s already broad satellite communications portfolio, and sets a path for further growth in the North American market and beyond.

About Novell Corporate Development

Our focus is corporate growth. We support businesses in their effort to grow beyond their comparable market competitors, be it though sound corporate strategy, in-organic growth opportunities, or innovation programs. Our goal is to take a methodical approach to what can seem like an almost artistic challenge. We use frameworks and methodologies that work, are simple and proven, and leads to measurable results.