SpeedCast Acquires SatComms Australia, Announces New Board Additions
[Via Satellite 05-13-2014] SpeedCast, an international satellite services provider, acquired SatComms Australia, a solutions provider based out of Queensland, Australia with services specializing in the natural resources, maritime and government sectors. SpeedCast is looking to better serve its customers in the natural resource sphere, as well as expand its maritime solutions in the Asia-Pacific region through SatComms’ teleport in Western Australia.
The company also recently appointed Michael Malone as a non-executive board director, and John Mackay as chairman of the board.
“With the SatComms acquisition, SpeedCast expands its presence and its commitment to the Australian market, and marks our third acquisition in Australia in just 18 months,” said Pierre-Jean Beylier, CEO of SpeedCast. “SatComms uniquely complements SpeedCast’s leadership in the [Very Small Aperture Terminal] (VSAT) market with great strength in mobile satellite services, extensive teleport infrastructure in Western Australia and a sales and engineering presence in Queensland. There are significant synergies between the two companies, which will further enhance our ability to deliver customized turnkey solutions to our customers in Australia and beyond.”