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Thrane & Thrane Closes Nera Acquisition
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).
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