Welcome!

News Feed Item

SpeedCast Ltd Completes Buyout of Elektrikom Satellite Services

SpeedCast Ltd, a leading Hong Kong-based global network and satellite communications service provider, has completed, with the support of its majority shareholder, TA Associates, a buyout of Elektrikom Satellite Services, a leading maritime satellite communications service provider based in the Netherlands. The combination of Elektrikom and SpeedCast’s maritime business unit will form one of the top maritime satellite communications service providers in the world.

Elektrikom provides satellite and wireless-based communications solutions to the maritime industry. The Company focuses on the high-end segments of the maritime market, including the oil & gas and offshore supply segments. Founded in 1985, Elektrikom is headquartered in Rotterdam, Netherlands, where it enjoys a strong position in this key maritime shipping hub, and also serves customers and partners throughout Europe.

Elektrikom has established itself as one of the leading maritime satellite service providers in Europe, with a marquee list of customers ranging from major shipping companies to offshore supply companies. Elektrikom is well known for its expertise and ability to deliver custom-engineered communication solutions for its customers, including various types of satellite communications, such as Ku-band & C-band VSAT services and L-band services, as well as wireless technologies and a range of IT services.

“SpeedCast is well established as the leading provider of maritime communication solutions in Asia. While our services are global, we wanted to strengthen our presence in Europe to further support our partners in this key region. With its strong position in the most important European shipping hub, Elektrikom is an ideal fit,” said Pierre-Jean Beylier, CEO, SpeedCast. “With the acquisition of Elektrikom, we are well positioned to deliver a higher level of service and support to SpeedCast and Elektrikom customers’ vessels in Europe and worldwide.”

Joining the SpeedCast Group, Elektrikom will be able to offer its maritime customers a wider portfolio of products and services, including land-based services, and to better serve its global customers’ needs in Asia. Elektrikom will also benefit from SpeedCast’s broad range of engineering capabilities worldwide, with certified field engineers able to support maritime services and antennas onboard vessels and platforms. These extensive support resources are strategically located in Hong Kong, Singapore, Indonesia, Malaysia, China, Dubai, and Australia, in addition to Elektrikom’s own presence in the Netherlands.

SpeedCast will leverage Elektrikom’s strength in Europe, with its strategic Rotterdam base, to further penetrate the important European market, as well as deliver continuity of experience for Elektrikom’s existing customers. Elektrikom’s worldwide satellite communications infrastructure will complement SpeedCast’s existing global network, adding an overlay network which will provide redundancy and backup, as well as introducing new options for SpeedCast’s global customer base.

“The acquisition of Elektrikom by SpeedCast is a very positive development for our customers, our partners and our employees,” said André Eerland, Managing Director, Elektrikom. “There are significant synergies between the two companies, with two leading technology platforms, iDirect and Comtech EF Data, and worldwide coverage, which will greatly enhance our ability to deliver customized solutions to meet our customers’ needs.” Mr. Eerland will remain with the merged entity and will serve as Head of Maritime globally.

This acquisition follows shortly after SpeedCast's acquisition of Australian Satellite Communications ("ASC"), a leading satellite communications service provider in Australia. ASC is very active in serving customers in the natural resource market, in particular the oil & gas industry, which complements Elektrikom’s position serving the oil & gas and offshore industries in Europe.

About SpeedCast Ltd

SpeedCast Ltd is a leading global network and satellite communications service provider offering high-quality managed networks services in over 30 countries throughout Asia, the Middle East and Africa. With 10 international sales & support offices and 18 teleport operations, SpeedCast boasts a unique infrastructure to serve corporate and carriers' requirements globally. SpeedCast has distinguished itself with a strong operational expertise and a highly efficient support organization, which are the foundation of SpeedCast's success. For more information, visit www.speedcast.com.

About Elektrikom Satellite Services

Elektrikom was founded in 1985 when it started selling wireless communication to the marine industry. Elektrikom now operates 6 teleports and supplies network services to more than 250 vessels in the high-end sectors (oil & gas, offshore, etc.). Elektrikom has locations worldwide, with support offices in Manila and Lagos and its headquarters in Rotterdam, Netherlands. For more information, visit www.vsat.nl.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
SYS-CON Events announced today that Twistlock, the leading provider of cloud container security solutions, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Twistlock is the industry's first enterprise security suite for container security. Twistlock's technology addresses risks on the host and within the application of the container, enabling enterprises to consistently enforce security policies, monitor...
The Internet of Things is clearly many things: data collection and analytics, wearables, Smart Grids and Smart Cities, the Industrial Internet, and more. Cool platforms like Arduino, Raspberry Pi, Intel's Galileo and Edison, and a diverse world of sensors are making the IoT a great toy box for developers in all these areas. In this Power Panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists discussed what things are the most important, which will have the most profound e...
Quickly find the root cause of complex database problems slowing down your applications. Up to 88% of all application performance issues are related to the database. DPA’s unique response time analysis shows you exactly what needs fixing - in four clicks or less. Optimize performance anywhere. Database Performance Analyzer monitors on-premises, on VMware®, and in the Cloud, including Amazon® AWS and Azure™ virtual machines.
Automation is enabling enterprises to design, deploy, and manage more complex, hybrid cloud environments. Yet the people who manage these environments must be trained in and understanding these environments better than ever before. A new era of analytics and cognitive computing is adding intelligence, but also more complexity, to these cloud environments. How smart is your cloud? How smart should it be? In this power panel at 20th Cloud Expo, moderated by Conference Chair Roger Strukhoff, pane...
Five years ago development was seen as a dead-end career, now it’s anything but – with an explosion in mobile and IoT initiatives increasing the demand for skilled engineers. But apart from having a ready supply of great coders, what constitutes true ‘DevOps Royalty’? It’ll be the ability to craft resilient architectures, supportability, security everywhere across the software lifecycle. In his keynote at @DevOpsSummit at 20th Cloud Expo, Jeffrey Scheaffer, GM and SVP, Continuous Delivery Busin...
SYS-CON Events announced today that T-Mobile will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. As America's Un-carrier, T-Mobile US, Inc., is redefining the way consumers and businesses buy wireless services through leading product and service innovation. The Company's advanced nationwide 4G LTE network delivers outstanding wireless experiences to 67.4 million customers who are unwilling to compromise on ...
In his keynote at 19th Cloud Expo, Sheng Liang, co-founder and CEO of Rancher Labs, discussed the technological advances and new business opportunities created by the rapid adoption of containers. With the success of Amazon Web Services (AWS) and various open source technologies used to build private clouds, cloud computing has become an essential component of IT strategy. However, users continue to face challenges in implementing clouds, as older technologies evolve and newer ones like Docker c...
In his keynote at @ThingsExpo, Chris Matthieu, Director of IoT Engineering at Citrix and co-founder and CTO of Octoblu, focused on building an IoT platform and company. He provided a behind-the-scenes look at Octoblu’s platform, business, and pivots along the way (including the Citrix acquisition of Octoblu).
@ThingsExpo has been named the Most Influential ‘Smart Cities - IIoT' Account and @BigDataExpo has been named fourteenth by Right Relevance (RR), which provides curated information and intelligence on approximately 50,000 topics. In addition, Right Relevance provides an Insights offering that combines the above Topics and Influencers information with real time conversations to provide actionable intelligence with visualizations to enable decision making. The Insights service is applicable to eve...
SYS-CON Events announced today that Grape Up will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct. 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Grape Up is a software company specializing in cloud native application development and professional services related to Cloud Foundry PaaS. With five expert teams that operate in various sectors of the market across the U.S. and Europe, Grape Up works with a variety of customers from emergi...
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place June 6-8, 2017, at the Javits Center in New York City, New York, is co-located with 20th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry p...
Bert Loomis was a visionary. This general session will highlight how Bert Loomis and people like him inspire us to build great things with small inventions. In their general session at 19th Cloud Expo, Harold Hannon, Architect at IBM Bluemix, and Michael O'Neill, Strategic Business Development at Nvidia, discussed the accelerating pace of AI development and how IBM Cloud and NVIDIA are partnering to bring AI capabilities to "every day," on-demand. They also reviewed two "free infrastructure" pr...
New competitors, disruptive technologies, and growing expectations are pushing every business to both adopt and deliver new digital services. This ‘Digital Transformation’ demands rapid delivery and continuous iteration of new competitive services via multiple channels, which in turn demands new service delivery techniques – including DevOps. In this power panel at @DevOpsSummit 20th Cloud Expo, moderated by DevOps Conference Co-Chair Andi Mann, panelists will examine how DevOps helps to meet th...
SYS-CON Events announced today that Hitachi, the leading provider the Internet of Things and Digital Transformation, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Hitachi Data Systems, a wholly owned subsidiary of Hitachi, Ltd., offers an integrated portfolio of services and solutions that enable digital transformation through enhanced data management, governance, mobility and analytics. We help globa...
SYS-CON Events announced today that CA Technologies has been named "Platinum Sponsor" of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, New York, and 21st International Cloud Expo, which will take place in November in Silicon Valley, California.