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Speedcast buys Globecomm for $135m

Speedcast CEO Pierre-Jean Beylier Speedcast CEO Pierre-Jean Beylier

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.

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