Canadian based AXYS Technologies Inc and Belgium based 3E NV have signed a memorandum of understanding (MOU) regarding future collaborations and cooperation activities, the companies announced.
AXYS and 3E were first formally introduced in August 2015 when AXYS purchased FLiDAR NV, previously owned by 3E and OWA. Although AXYS and 3E have traditionally different geographical markets and commercial offerings, both companies work in offshore marine industries and believe that together they can offer more complete solutions to common clients.
Collaboration activities planned under the MOU include commercially driven research, development and demonstration as well as sharing market trend information and innovative problem-solving techniques to meet and exceed client requirements and expectations. AXYS and 3E expect to develop and jointly market several new solution offerings to their perspective clients as a result of this cooperation agreement.
The MOU officially became effective October 26, 2015.