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Hatteland Display AS acquires GuardREC AS

Hatteland Display AS, a subsidiary of Norautron Group AS, has entered into an agreement to buy 100% of GuardREC AS, a leading software company focusing on developing wold class recorder solutions for Air Traffic Control and financial institutions.

GuardREC AS is a software company operating in the financial sector and the Air Traffic Control (ATC) market. The company provides leading recording solutions aimed at the needs of compliance recording in financial institutions and recording solutions for Air Traffic Control (ATC) operations.

 

RECORDER SOLUTION

 

The company supplies a state-of-the-art recorder solution combining recording of mobile, fixed and VoIP telephones to some of the most respected financial institutions in Europe, and probably has the most innovative unified recorder solution for the ATC market.

"Having followed the development of GuardREC over several years we are enthusiastic about including the company in the Norautron technology group. GuardREC complements our other technology companies in an excellent way and we have high expectations for the company going forward", says Rolf Leistad, Executive Vice President in Norautron Group AS. 

"GuardREC AS will be a very valuable contribution to Hatteland Display's growth and development going forward. The combination of GuardREC's position in attractive market segments and first class software competence constitute an excellent match with our strategy", says Trond K. Johannessen, CEO of Hatteland Display AS.

"We are excited about becoming a part of the Norautron Group and joining forces with a global market leader as Hatteland Display to further develop our products and market position going forward", says Oddmund Johansen, CEO of GuardREC AS.

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