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Inmarsat PLC to acquire Globe Wireless LLC


Tuesday, 17 Dec 2013 02:00am EST 

Inmarsat PLC:Announces the acquisition of the business and substantially all of the assets of Globe Wireless LLC.Says headquartered in Palm Bay, Florida, Globe Wireless is a provider of maritime communications services to the shipping market.Says Inmarsat will acquire the business of Globe Wireless for a total consideration of $45 million and will fund the acquisition from available liquidity.Says closing of the transaction is subject to certain regulatory and other approvals, which are expected to be completed in Jan. 2014. 

Company Quote

686.0
-2.0 -0.29%
24 Oct 2014