Speedcast has announced that it entered into a definitive agreement to acquire Globecomm Systems for an estimated net purchase consideration of US$135 million, which will see the company take on Globecomm’s maritime satellite communications business along with its operations in the enterprise and government market sectors.
Germany-based shipping company Briese Schiffahrts has agreed a deal with Globecomm for the provision of Ku-band VSAT connectivity and related services to a fleet of newbuild vessels expected to have completed delivery by the end of the year.
Thailand-based shipowner Tipco Maritime Company has installed a new hybrid satellite-GSM (LTE) communications package from Globecomm, connected and managed via Globecomm’s Nimbus network management system.
Globecomm has launched a maritime GSM service called Globecomm Roam, offering 3G, 4G and LTE data services at speeds of up to 100 Mbps.
Globecomm has expanded the range of options for implementation of its Nimbus ‘smartbox’ communications management system, launching three different service levels – Nimbus Lite, Nimbus and Nimbus Pro.
Globecomm reports that it has installed a communications package including Ku-band VSAT and Iridium Pilot on MV Baltic, the latest newbuild to join the Global Seatrade fleet.
Globecomm Systems has announced that an investor group led by HPS Investment Partners and funds managed by Tennenbaum Capital Partners (TCP) have entered into a definitive agreement to acquire Globecomm from its current owner, New York-based private equity firm Wasserstein & Co.
Globecomm reports that it has expanded its Ku-band VSAT network, adding coverage over the South Indian Ocean passage between the southern tip of Africa and Australia.
Globecomm has announced that it is set to roll out a new remote monitoring service for its VSAT customers, to be called Globecomm Connect.
Digital Ship magazine provides the latest information about maritime satellite communications technology, software systems, navigation technology, computer networks, data management and TMSA. It is published ten times a year.
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