Kongsberg Digital, a business area in KONGSBERG, has increased its ownership in
FutureOn, a Norwegian software company. FutureOn provides cloud-based digital
transformation tools and is a frontrunner in subsea life-of-field and the
project planning phase of an energy asset. Following the investment, Kongsberg
Digital will hold the majority stake of FutureOn, with Bentley Systems (NASDAQ:
BSY) and FutureOn's management as other key owners. This will strengthen
Kongsberg Digital's position as a leading industrial Software as a Service
company across heavy-asset industries ensuring an end-to-end value proposition
from planning to decommissioning.
Kongsberg (OSE-ticker: KOG) is an international, knowledge-based group that
supplies high-tech systems and solutions to customers in the energy, merchant,
navy and defence and aerospace industries. Kongsberg has more than 12,000
employees in 39 countries and had total revenues of NOK 31.8bn in 2022.
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