Sat-com companies complete merger - Trade Only Today

Sat-com companies complete merger

EMC said today that it completed its acquisition of the Maritime Telecommunications Network.
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EMC said today that it completed its acquisition of the Maritime Telecommunications Network.

The combined global company retains the name EMC and is now based at MTN’s offices in Miramar, Fla.

EMC said the acquisition creates a company with a combined 35 years of experience in delivering connectivity and content to organizations and people on the move in the most remote locations. The company closed the deal after announcing plans to do so on April 29.

“Customers can clearly distinguish EMC from other providers in three ways — our truly global services for mobility and fixed applications, our differentiated products and technologies and our unique worldwide customer support,” EMC founder and CEO Abel Avellan said in a statement.

“Our unmatched global mobility platform operates off the most extensive, advanced network serving the specific needs of our diverse customer set. Our ability to deliver customers the most efficient services comes from our unprecedented engineering innovations. We are excited to add the cruise, ferry and yacht markets to our targeted sectors, and will be merging our government, oil and gas, and commercial shipping business units to continue to deliver our recognized reliable service and support.”

The new business provides remote connectivity to about 8,000 on-land sites and 1,600 vessels. EMC said the acquisition also further accelerates the organization’s scale and purchasing power as the largest consumer of satellite capacity outside the United States and Europe.

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