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German Government Approves SES Acquisition Of ND Satcom
The German Federal Cartel Office approved SES Astra‘s acquisition of satellite communications supplier ND Satcom, SES Astra announced June 30.
In May, SES Astra announced that it would become the sole owner of ND Satcom, acquiring a 74.9 percent share in the company from German-based August Technologie for 35.6 million euros ($45.5 million).
ND Satcom, based in Friedrichshafen, Germany, provides satellite-based broadband network solutions for government customers, broadcasters and enterprises. The move should boost SES’s position to provide solutions in the government market.
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