Otodata Expands Portfolio with Acquisition of Dunraven Systems’ Delta Platform
Deal News | May 14, 2025 | PR Newswire Cision Otodata
Otodata, a leader in remote tank monitoring technology, has announced the acquisition of Dunraven Systems' Delta software platform. Otodata was originally founded in 2008 and provides advanced hardware and software solutions to remotely monitor tanks in various industries, significantly improving asset utilization and workforce efficiency. The acquisition allows Otodata to further its goals in providing reliable and state-of-the-art monitoring technology. As part of this acquisition, existing users of the Delta platform will continue to receive high-quality service and system performance. Dunraven Systems, based in Ireland and founded in 2003, has been a leading developer of remote monitoring solutions for over 20 years, serving multi-tank operators and fuel distributors. This move aligns with Otodata’s strategy to satisfy increasing demand for automated solutions across various sectors requiring ultrasonic and radar technology, and reinforces its commitment to operational affordability on a global scale.
Sectors
- Technology
- Energy
- Industrial Automation
Geography
- Canada – Otodata is headquartered in Montreal, Canada.
- Ireland – Dunraven Systems is based in Ireland.
Industry
- Technology – The acquisition involves advanced software and monitoring technology.
- Energy – The entities involved provide monitoring solutions for fuel and gas industries.
- Industrial Automation – The integration of automated solutions for remote tank monitoring is a key focus.
Financials
Participants
Name | Role | Type | Description |
---|---|---|---|
Otodata | Buyer | Company | A Montreal-based company specializing in remote tank monitoring solutions. |
Dunraven Systems | Target company | Company | An Irish developer of remote monitoring solutions. |
Andre Boulay | President | Person | President of Otodata. |
Oliver McCarthy | General Manager | Person | General Manager of Rochester Europe, commenting on the acquisition. |