Private equity firm Providence Equity Partners has agreed to acquire a majority shareholding in Marlink from Apax Partners. The transaction results in an enterprise value for Marlink Group of approximately $1.4bn; further details were not disclosed.
Marlink has appointed Nicolas Furgé as president of the recently created Digital and IT Solutions business unit.
Marlink has expanded its IT management solution, ITLink portfolio, with the addition of two new service options.
Scorpio Shipmanagement has signed an agreement with Marlink to upgrade its hybrid VSAT network solution on all vessels in its fleet, with additional bandwidth to enable new data, applications and reporting.
Marlink has joined forces with Apizee, a CPaaS (Communication Platform as a Service) provider of real-time video interaction features, to enhance video communications for customers requiring collaborative working, safety, diagnostics, and maintenance in remote locations.
Marlink subsidiary Telemar has signed a five-year service maintenance deal with Candler Schiffahrt to provide service and maintenance across its fleet of bulk and multi-purpose vessels.
Over the last two months, the maritime and offshore satellite connectivity market has been sparked with a bout of merger and acquisition activities, writes Joshua Flood, senior research consultant at Valour Consultancy.
Marlink subsidiary Telemar has signed a service maintenance deal with Fairplay Towage to deliver bridge maintenance services across 50 of the company’s vessels.
Marlink has been selected by Turkish tanker operator Güngen Denizcilik ve Ticaret A/Ş (Gungen Maritime & Trading) to provide Inmarsat’s Fleet Xpress service on four of its six vessels.
Ship manager Held Bereederungs (Held Shipping) is moving connectivity, bridge system maintenance and managed IT and cybersecurity services for its 27-vessel fleet to the Marlink Group.
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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