Tag Archives: SpeedCast International

Speedcast Makes Government Satcom Market Push Through $135M Globecomm Buy

Satellite communications company Speedcast International has agreed to purchase Hauppauge, N.Y.-based Globecomm Systems from affiliates of Tennenbaum Capital Partners and HPS Investment Partners for approximately $135M to expand footprint across the government, enterprise and maritime sectors. Australia-based Speedcast said Monday it expects the transaction to conclude in the fourth quarter of …

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Speedcast Eyes Potential $100M UltiSat Acquisition to Launch Gov’t-Focused Division

Speedcast International has signed a definitive agreement for a potential $100 million acquisition of UltiSat in efforts to establish a new government division and build on existing remote communications offerings to the public sector. Speedcast said Sunday the pending transaction with the U.S. government contractor is anticipated to complement the Speedcast portfolio for …

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SpeedCast International Closes CapRock Communications Business Buy

Global satellite services company SpeedCast International has completed its $425 million cash acquisition of the CapRock Communications business from Harris (NYSE: HRS). Harris said Tuesday it will use proceeds from the sale to reduce debt and return more cash to shareholders. CapRock was part of the Melbourne, Florida-based military radio manufacturer’s critical networks segment and offers managed satellite, …

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Inmarsat Mobile Broadband Service Available to Global Gov’t Sector Via SpeedCast

TYSONS CORNER, VA, Aug. 24, 2016 — Inmarsat‘s Global Xpress mobile broadband service will be available to global public sector customers via value-added reseller SpeedCast International, ExecutiveBiz reported Tuesday. SpeedCast will support the deployment of the GX service alongside Inmarsat’s Fleet Xpress maritime GX platform, Inmarsat said Monday. About Executive Mosaic: Founded …

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