To further align our portfolio with future customer needs and technological
advancements in the maritime industry, the maritime focused business, currently
in Kongsberg Digital (KDI) will be integrated into Kongsberg Maritime (KM). 

"The maritime industry is undergoing a significant transition towards renewable
fuels and improved operational energy utilization. Decarbonization and
digitalization are key to this. KONGSBERG, through both KDI and KM, has made
substantial investments to support our customers and partners in this
transition. By consolidating our digital maritime initiatives within KMs
integrated portfolio of solutions we are optimizing our approach to this
transition and reaffirming our goal of being a frontrunner in the
decarbonization and digitalization of the maritime industry," says Geir Håøy,
President and CEO in KONGSBERG.  

The business to be transferred represented revenues of approx. MNOK 600 in 2023.
The transfer involves approximately 500 employees located in 14 countries. These
employees will be transferred from Kongsberg Digital to Kongsberg Maritime upon
completion of the transaction. 

Market focused approach
"By transferring maritime operations to KM, KDI will use the proceeds to focus
relentlessly on advancing our digital twin, energy simulations, SiteCom, and our
subsidiary FutureOn. In all these areas, we have built a solid customer base and
a leading market position. Going forward we will in particular focus on
developing our industrial work surface solutions further supporting multiple pf
industries. This strategic move is encouraged and supported by the KDI Board of
Directors," says Thomas Borgen, Chairman of Kongsberg Digital.


"The combined digital capabilities of KM and KDI, along with KM's broader
offerings, have positioned KONGSBERG as a frontrunner in the maritime
transition. By implementing this change, we are placing a cleaner market focused
approach at both KDI and KM's operations," concludes Håøy.