STR Acquires Cable Counter Technology from Remontec
Great Yarmouth based Subsea Technology & Rentals Ltd (STR); global specialists in the design, production and rental of advanced subsea technology for the offshore industry have acquired the product rights to Remontec’s cable counter technology.
Under the terms of the agreement, STR now own the design and copyright covering all Remontec’s T- Count Cable Counter range and have commenced a manufacturing and product development programme to ensure continued availability.
The robust wireless cable counter blocks are already used by STR’s customers for various oceanographic applications and will continue to complement their expanding portfolio of specialist technology.
Neil Jackson, Sales and Operations Manager at STR said: “The acquisition of the product rights to the currently marketed T-Count Cable Counter fits perfectly with our strategic plans to enhance manufacturing and R&D in order to drive business growth and diversification.”