Otodata Acquires Dunraven Systems’ Delta Software Platform
Deal News | May 14, 2025 | PR Newswire Cision Otodata
Otodata, an established player in remote tank monitoring solutions, has announced the acquisition of the Delta software platform from Dunraven Systems. Otodata, headquartered in Montreal, has been providing advanced hardware, software, and applications to monitor fuel and industrial gas tanks. This acquisition signifies a strategic expansion into diverse sectors including home heating oil, diesel, AdBlue, lubricants, and water where advanced telemetry and telemetrics technologies are crucial. Founded in 2003, Dunraven Systems is well-regarded for its continuous monitoring solutions for multi-tank fuel distribution. The merger aims to leverage Dunraven's expertise in telemetry and provide enhanced services and competitive pricing on both local and international scales. Key figures involved in the transaction include André Boulay, President of Otodata, and Oliver McCarthy, Managing Director of Rochester Europe. Additional details about the companies can be found on their respective websites.
Sectors
- Remote Monitoring Solutions
- Software Development
- Mergers and Acquisitions
Geography
- Canada – Otodata is based in Montreal, Canada.
- Ireland – Dunraven Systems is an Irish company specializing in telemetric solutions.
Industry
- Remote Monitoring Solutions – Otodata specializes in hardware and software for remote monitoring solutions, especially in fuel and industrial gas sectors.
- Software Development – The acquisition involves a software platform (Delta) developed by Dunraven Systems, a key player in the telemetric and telemetry market.
- Mergers and Acquisitions – The article discusses a strategic acquisition of Delta software platform by Otodata from Dunraven Systems.
Financials
Participants
Name | Role | Type | Description |
---|---|---|---|
Otodata | Acquirer | Company | Provides remote tank monitoring solutions globally, with a focus on reducing ownership costs. |
Dunraven Systems | Target company | Company | Irish company known for designing telemetric and telemetry solutions. |
Delta Software Platform | Acquired Asset | Software | A software platform focused on advanced remote monitoring solutions. |
André Boulay | President of Acquirer | Person | President of Otodata, overseeing strategic acquisitions. |
Oliver McCarthy | Managing Director of Target | Person | Managing Director of Rochester Europe, part of Dunraven Systems. |