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Tag Archives: Rupert Pearce

Report: Inmarsat Gets $3.4B Takeover Bid From Private Equity Firms, Pension Funds

Global satellite communications firm Inmarsat has received a $3.4B takeover offer from a consortium of private equity firms and Canada-based pension funds, Bloomberg reported Monday. Apax Partners, Warburg Pincus, Canada Pension Plan Investment Board and Ontario Teachers’ Pension Plan Board made a $7.21-per-share bid for Inmarsat through a joint venture owned in …

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Former Rolls-Royce Exec Jason Smith Joins Inmarsat as COO

Jason Smith, former president of Rolls-Royce‘s nuclear business, has been named chief operations officer at Inmarsat. He succeeds Ruy Pinto, who vacated his post at Inmarsat to “pursue new interests, ” the  satellite communications services provider said Monday. Inmarsat CEO Rupert Pearce said Smith’s appointment builds on the company’s mission to give customers and …

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Inmarsat Opens Office in Singapore to Meet APAC Mobile Broadband Demand

TYSONS CORNER, VA, January 22, 2016 — Inmarsat has inaugurated a new facility in Toa Payoh, Singapore, in an effort to adapt to the increased demand for mobile satellite communication services in the Asia-Pacific region, ExecutiveBiz reported Thursday. The company said Wednesday the office includes a solutions laboratory, demonstration and …

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Inmarsat Awards $600M Contract to Airbus for Construction of I-6 Satellites

TYSONS CORNER, VA, December 29, 2015 — Inmarsat has awarded Airbus‘ defense and space business a potential $600 million contract to build the first two communications satellites for Inmarsat’s sixth-generation constellation, ExecutiveBiz reported Monday. Inmarsat said Wednesday the Inmarsat-6 satellites have a dual payload capability that can support services such …

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ORBCOMM, Inmarsat to Share SkyWave M2M Business Under $130M Deal

ORBCOMM (NASDAQ: ORBC) will buy Inmarsat partner SkyWave Mobile Communications under a $130 million transaction as part of ORBCOMM’s efforts to add new operational and manufacturing tools in its machine-to-machine offering, SatNews reported Thursday. The potential acquisition will be in the form of $122.5 million in cash and a $7.5 million promissory note for some of Inmarsat’s shares in …

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Rupert Pearce: Inmarsat Picks SpaceX Launch Vehicle for Space Missions

Inmarsat will use SpaceX‘s Falcon Heavy or Falcon 9 vehicle for up to three future space mission launches in a move that Inmarsat CEO Rupert Pearce says will help secure his company against future schedule risks. “In view of capacity constraints in the satellite launch market, Inmarsat believes that securing optionality today is an important business safeguard, …

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Rupert Pearce: Inmarsat Buys Maritime Comm Provider’s Assets for Maritime Push

Inmarsat has acquired all assets of Globe Wireless LLC, a Palm Bay, Fla.-based provider of maritime communications services to shipping customers, for $45 million. Inmarsat will finance the transaction from available liquidity and the acquisition is scheduled to close in January 2014, pending regulatory approvals, Inmarsat said Tuesday. Rupert Pearce, CEO of …

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Michel de Rosen Elected as ESOA Chairman

Michel de Rosen

Michel de Rosen, chief executive at Eutelsat,  has been elected as the new chairman of the European Satellite Operators Association board. He will replace Telenor CEO Cato Halsaa, ESOA said Tuesday. De Rosen said he will continue Halsaa’s projects to “ensure recognition of the role of satellites” by establishing how widespread radio …

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