Charlotte, NC (PRWEB via PRWebDirect) April 23, 2008 -– SDN Global (“SDN”) and SatCom Group Holdings plc (“SatCom”) announced today the completion of an agreement for SatCom to acquire SDN, a provider of satellite connectivity and data continuity solutions for enterprise applications. SatCom is a global reseller of airtime services and satellite systems hardware (mobile handsets and data terminals) for major satellite systems operators, including Inmarsat, Thuraya and Iridium.
A spokesman for SatCom stated that this acquisition extends their product range to include VSAT broadband products. With the introduction of Inmarsat’s BGAN service, mobile satellite customers have been able to experience higher data rates than have traditionally been available with portable terminals. Customers requiring an “upgrade path” to lower cost, higher bandwidth fixed terminal products can now be accommodated within the SatCom Group.
The global VSAT network of SDN and the mobile data and voice communications systems from SatCom meet the needs of a wide range of customers including industries such as maritime and Oil & Gas exploration; NGOs and the homeland security and defense industries.
“This is the opportunity that SDN has long awaited to take us to the next level of growth,” stated Larry W. Jones, the President and Chief Executive at SDN Global. “The synergies between the two companies will offer immediate benefit to both mobile and fixed satellite markets.” Jones will remain active as President and CEO for SDN Global, the newest subsidiary of SatCom Group.
Mark White, Chief Executive of SatCom, said: “This is an exciting deal for SatCom, we have worked with SDN very successfully over the past few years. SDN has demonstrated the ability to deliver strong value to the markets they serve. The additional resources of SatCom Group plus its global presence will enable SDN to grow significantly over the next few years. SDN will benefit from the additional mobile product range and services offered by SatCom and the global sales offices of the group. SatCom has an excellent track record of executing acquisitions that deliver value for our shareholders and boost earnings. The addition of SDN to the SatCom brand will further increase our product offering.”
About SDN Global
SDN Global is a broadband satellite provider, with over twenty years of technology history. SDN Global offers a suite of products – BroadSat, GenSat, JobSat and RecoverSat – designed to meet the specific needs of industry, location and customer use. For more information on the company and its products, please visit www.sdnglobal.com.
About SatCom Group
SatCom is a global reseller of airtime services and satellite systems hardware (mobile handsets and data terminals) for major satellite systems operators, including Inmarsat, Thuraya and Iridium. SatCom’s key target markets include the US, Europe, Asia, Middle East and the maritime community worldwide.
SatCom is based in Salisbury in the UK, with further offices in the USA, Dubai and throughout the Asia region. SatCom has established a robust customer base in excess of 20,000 active terminals and is able to offer all communication solutions. For more information on the company and its products, please visit www.satcomgroup.com.
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