Satellite firm SpeedCast International has acquired Paris-based Geolink Satellite Services, a satellite communications solutions in the African region for an undisclosed amount in a move that will help strengthen SpeedCast’s African expansion.
Geolink has customers in over 20 African countries in the oil & gas, mining, media, NGO and maritime sectors and provides them with mobile satellite as well as fixed VSAT solutions.
The acquisition will benefit SpeedCast’s existing customer base in Africa.
“With the Geolink acquisition, SpeedCast expands its presence and its capabilities in the African market,” said Pierre-Jean Beylier, CEO of SpeedCast. “Geolink uniquely complements SpeedCast’s business with great strength in mobile satellite services, extensive experience in and satellite coverage over Africa, and strong customer base in the energy and maritime sectors. There are interesting synergies between the two companies, which will further enhance our ability to deliver complete end-to-end solutions to our respective customers globally.”
The acquisition follows SpeedCast’s successful acquisitions of two established satellite industry players, SatComms Australia and Oceanic Broadband, in the Australasia region in the past 12 months.
You must log in to post a comment.