ACeS International was acquired by Cognizant Technology Solutions on April 1, 2003
communications Company

Out of 60 sectors in the Mergr database, communications ranked 12 in number of deals in 2003. The largest communications acquisition in 2003 was Inmarsat Group - which was acquired by Apax Partners for $1.9B.

Join Mergr to view all 56 acquisitions of communications companies in 2003, including 27 acquisitions by private equity firms, and 29 by strategics.

ACeS International Ltd.

CYBER Building 5th Floor Jl. Kuningan Barat No. 8,
Jakarta, 12710
Indonesia,
+62 21 520 9810
www.acesinternational.com

ACeS (Asia Cellular Satellite) It offers GSM-like satellite telephony services to Asian market. The coverage area includes Indonesia, Malaysia, Thailand, Philippines, Sri Lanka, Vietnam, China and India. The company operates the Garuda 1 satellite, launched on February 12, 2000. A second satellite (Garuda 2) was planned but never materialized. ACeS was formed by a joint venture of PT. Pasifik Satelit Nusantara (PSN), Lockheed Martin Global Telecommunication (LMGT), Jasmine International Overseas Ltd of Thailand and Philippine Long Distance Telephone Co. (PLDT).

Communications M&A - Last 3 Years

ACeS International was acquired by Cognizant Technology Solutions on April 1, 2003.

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