Thrane & Thrane closed its acquisition of the mobile satellite communications operations of Nera ASA, Thrane & Thrane announced Oct. 10. The deal, announced in August, combines two providers of Inmarsat communications solutions.

Thrane & Thrane acquired Norway’s Nera Satcom AS and Germany’s European Satellite Link GmbH. Based on 2005 figures, the combined mobile satellite communications company reported revenues of 1.5 billion kroner ($257 million).

Stay connected and get ahead with the leading source of industry intel!

Subscribe Now