EMC Acquires STM, Global IP and Vodanet Brasil
[Via Satellite 09-24-13] Emerging Markets Communications (EMC), a global satellite and terrestrial communications solution provider and satcom technology manufacturer, has acquired STM and its affiliate entities Global IP and Vodanet Brasil.
Global IP is a global satellite connectivity services provider, specializing in the mobility, maritime and oil and gas markets. Vodanet serves as an operating company in Brazil, and is fully licensed to provide VSAT services both onshore and offshore. STM is a leading hardware manufacturing company for the satellite industry with proven experience developing high quality and bandwidth-efficient, VSAT products based on the DVB-RCS2 standard. The combined organization has more than 20 years of industry experience in 150 countries with more than 150,000 VSAT terminals deployed in to service.
“We are very excited about leveraging our combined capabilities and new positioning to address the growing mobility and maritime markets. The collective STM entities’ expertise in providing network services in key verticals, particularly offshore and mobility, combined with its innovative satellite technology are tremendous assets to EMC and STM customers,” said Abel Avellan, founder and CEO, Emerging Markets Communications.