Norbit, a Norwegian technology company specializing in underwater acoustics and maritime systems, has announced it has entered exclusive negotiations to acquire Oceans Technology, a provider of advanced underwater acoustic solutions. The announcement was made on May 6, 2026, according to a press release from Norbit.
The acquisition is expected to strengthen Norbit's portfolio in the maritime and ocean technology sectors, particularly in areas such as sonar systems and underwater communication. Financial terms of the deal were not disclosed.
Norbit stated that the acquisition aligns with its strategy to expand its capabilities in the ocean technology market, which is seeing growing demand for underwater surveillance, environmental monitoring, and offshore energy applications. The transaction is subject to customary regulatory approvals and is expected to close in the coming months.
