Kongsberg Maritime AS, a wholly-owned a subsidiary of Kongsberg Gruppen ASA, has, through its subsidiary Simrad North America Inc. in Washington (USA), signed an agreement to purchase the assets and operations of the company Hydroid LLC for approx. USD 80 on a debt-free basis. The agreement was signed on 12 December 2007. The purchase price may increase as a result of Hydroid's profit trends in 2008 and 2009. Hydroid manufactures and supplies autonomous underwater vehicles for military and commercial markets the world over. The company was established in 2001 to manufacture, support and further develop the technology for the underwater vehicle REMUS, which was developed and licensed through an exclusive licence with the Woods Hole Oceanographic Institution. As the final contract for the acquisition has not been closed and the agreement hinges on certain conditions, KONGSBERG does not have control of the company. Consequently, the acquisition will not affect the income statement or balance sheet at 31 Dec. 2007.

On 27 February 2008, Kongsberg Maritime AS, a wholly-owned a subsidiary of Kongsberg Gruppen ASA, signed an agreement to acquire the simulator company GlobalSim Inc. for approx. MNOK 100 on a debt-free basis. The acquisition will reinforce Kongsberg Maritime's operations aimed at training simulators for maritime and offshore applications, both of which are markets in continuous growth. GlobalSim Inc. has comprehensive experience in the field of simulation. The company's main products are crane simulators to optimise crane operations and for training crane operators. Located in Salt Lake City, Utah (USA), GlobalSim, Inc. has 25 employees. As the final contract for the acquisition has not been closed and the agreement hinges on certain conditions, KONGSBERG has not yet acquired control of the company.