DTN Acquires Wilkens Weather Technologies from Rockwell Collins
MINNEAPOLIS, Sept. 29, 2017 /PRNewswire/ -- DTN, the trusted independent provider of information and actionable insights in agriculture, weather, refined fuels and trading, announced today that it has acquired Wilkens Weather Technologies, a Houston-based weather company, from Rockwell Collins, Inc. (NYSE: COL). Wilkens Weather Technologies provides weather forecasting services to customers in the offshore/maritime industry, particularly oil and gas. Terms of the transaction were not released.
"We are extremely pleased to add Wilkens Weather Technologies to our weather services business as it is a unique opportunity to expand the scope of DTN's activities into the upstream offshore production segment of the Oil & Gas industry," said DTN Chief Executive Officer Ron Sznaider. "Wilkens brings a global customer base, best-in-class reputation, and unique capabilities and products for this segment that we can immediately integrate into our customer offerings."
Wilkens Weather, which has 40 years of global forecasting experience, specializes in daily offshore and marine forecasting for the oil and gas and petrochemical industries with an emphasis on marine synoptic and tropical meteorology. Service offerings include daily site-specific forecasts, tropical advisories, severe weather alerts, web/mobile tools and 24/7 customer support to ensure safety and optimize efficiency of offshore activities. Severe weather, including tropical storms, can cause significant disruption and financial consequences to oil and gas producers and the entire supply chain, and Wilkens' services help mitigate these impacts through timely and accurate optimized planning decisions.
"The addition of Wilkens not only will enhance our DTN Weather services offerings in the offshore and oil and gas markets, but also allow us to provide superior tropical forecasts to our weather-sensitive customers onshore including utilities, transportation agencies and municipalities," said Jon Reifschneider, DTN senior vice president-Weather.
Additional services provided by Wilkens Weather Technologies include: EnsembleSimulator and probability-based forecasts; squall advisory services; lightning imagery and alerts; custom graphical forecasts; tidal height and current forecasts; ocean current forecast and mobilization guidance; on-site meteorologist/office watch services; customized briefing videos, and ice forecast services. Weather services also are offered to customers through the Wilkens Weather Mobile App for iPhone® and iPad® providing access to daily weather reports, tropical weather forecasts, and current weather conditions in a mobile friendly format along with many other features.
About DTN
DTN is the independent, trusted source of actionable insights for 600,000 customers focused on feeding, protecting and fueling the world. Customer-centric and colleague-driven, DTN focuses on empowering agriculture, oil & gas, trading, and weather-sensitive industries through continuous, leading-edge innovation. DTN is based in Minneapolis with offices globally.
View original content:http://www.prnewswire.com/news-releases/dtn-acquires-wilkens-weather-technologies-from-rockwell-collins-300528568.html
SOURCE DTN
