We use cookies to provide you with a better experience. If you continue to use this site, we'll assume you're happy with this. Alternatively, click here to find out how to manage these cookies

hide cookie message
78,821 News Articles

SpeedCast buys Australian Satellite Communications

Adelaide based Australian Satellite Communications (ASC) has been acquired by network and satellite communications service provider, SpeedCast. SpeedCast provides managed networks services in more than 30 countries throughout Asia, the Middle East and Africa. It is owned by private equity firm, TA Associates.

ASC provides satellite-based communications solutions throughout Australia and surrounding regions, focusing on the mining and oil and gas industries, as well as the construction, government and maritime sectors.

SpeedCast CEO, Pierre-Jean Beylier, said ASC was an ideal fit into SpeedCast's global growth strategy.

"SpeedCast is executing on its strategy of organic and acquisitive growth. With the acquisition of ASC, SpeedCast consolidates its leadership position in Asia and extends its penetration into the important Australian market, particularly for the oil and gas and mining verticals," Beylier said.

ASC was founded in 1985 and owns and operates its primary teleport, and runs sales and support centres.

"ASC is an ideal, highly complementary partner for SpeedCast," TA Associates Asia Pacific managing principal, Edward F. Sippel, said. "ASC's founders, Chris and Kathy Joseland, have done a superb job growing the company by providing customers with high quality, mission-critical services, often in very remote and challenging locations. We are thrilled to join with ASC and its outstanding management team in this transaction.


IDG UK Sites

Android One vs Android Silver vs Google Nexus: What is the difference?

IDG UK Sites

Apple updates MacBook Pro line-up: Price cuts & spec boosts for 6 MacBook Pro models

IDG UK Sites

Long live the internet fridge: the Internet of Things is coming

IDG UK Sites

How Prometheus' colourist Juan Ignacio Cabrera gave a tense, edgy feel to Chosen