The acquisition will enable Teleplan Globe to further expand its offering of leading software solutions to international customers in the defence, homeland security and telecom sectors.
Lysaker, Norway, 04 January 2024
Teleplan Globe AS, a leading provider of software solutions for mission-critical systems, is pleased to announce the acquisition of Forsberg Holdings Limited, the direct parent company of Forsberg Services Limited.
Forsberg Services Ltd is a highly respected provider of precision technologies for positioning, navigation and timing for both defence and civilian use. The company has over more than 35 years built an impressive customer base in the UK as well as internationally.
The acquisition builds on a well-established and successful cooperation between Teleplan Globe and Forsberg. This has led to significant contracts for the joint solution MANTIS optimizing the core technologies of both companies and putting the need of the end users at the forefront.
The acquisition will further strengthen Teleplan Globe’s leading capabilities within areas such as operational decision support systems, control and integration of unmanned systems in addition to mission critical solutions extracting highly accurate position data.
For Forsberg customers in the UK and in the international market, product and service offerings will broaden significantly, supported by the considerable addition to the company’s software development capacity.
Charles Forsberg, the founder and majority shareholder of Forsberg, will continue to support the company as an advisor. Chris Mayne will remain as the Managing Director and key management will remain significant minority shareholders.
Financial terms of the transaction were not disclosed.
Jan Nyegaarden, CEO of Teleplan Globe says:
«Teleplan Globe is excited to welcome Forsberg into our global family, and we are looking forward to a prosperous future together. We remain steadfast in our promise to deliver innovative solutions providing exceptional value to our customers and strategic partners».
Chris Mayne, Managing Director of Forsberg says:
«As the Managing Director and a long-standing member of Forsberg’s team, I am thrilled to announce this exciting milestone in our company’s history. It was of critical importance that any interested party in Forsberg aligned with our core values, and we have cultivated a close and strategic partnership with Teleplan Globe, resulting in the creation of truly innovative solutions. From everybody at Forsberg, I’d like to take the opportunity to thank our founder, Charles Forsberg, for his endeavour and leadership in building this great business. I know that he is excited for our future, and we all wish him well».
About Teleplan Globe
Teleplan Globe AS is a 100% subsidiary of the Teleplan Group which was established in 1959 and has operated under the same private ownership for more than six decades. Teleplan Globe provides mission critical software and system solutions for decision makers that protect people, assets, and institutions. The company has approximately 140 employees, including more than 100 software engineers, designers and developers. The company is headquartered at Lysaker, Norway.
Teleplan Globe deliver products in support of command and control, intelligence, mapping and radio planning operations. The products represent strategic and vital tools for the company’s customers. Norwegian and international defence clients dominate the customer base. However, Teleplan Globe also experience significant growth in other customer segments demanding solutions stemming from the company’s core competence and experience. Police and emergency responders, as well as field workers in utility companies, are examples of users that face similar challenges related to situational awareness, communication, sharing, and protection of data.
Forsberg Services Ltd. Is a leading provider of technology solutions for Positioning, Navigation, and Timing (PNT) applications, has established itself as a trusted partner for organizations across diverse industries since its inception in 1987. Headquartered in Heysham, UK, Forsberg is renowned for its depth of PNT knowledge, engineering expertise, and unwavering commitment to meeting customer requirements.
The company’s comprehensive product portfolio encompasses Global Navigation Satellite Systems (GNSS) and antennas, inertial navigation systems, anti-jam capabilities, situational awareness software, and GNSS networking solutions. Forsberg’s technology ensures accurate positioning and navigation in challenging environments, protects critical operations from interference, enhances decision-making through real-time data visualization, and enables seamless integration of PNT systems for optimal performance and reliability. Beyond providing cutting-edge technology, Forsberg offers bespoke engineering services to meticulously tailor its products to specific application requirements and environmental conditions.
Jan Nyegaarden, firstname.lastname@example.org, +47 930 67 087