ACeS International - Ownership and Business Overview

CommunicationsCompany

ACeS International Ownership

Who owns ACeS International?

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

ACeS International Business Overview

Where is ACeS International headquartered?

ACeS International is headquartered in Jakarta, Indonesia.

What sector is ACeS International in?

ACeS International is a communications company.

When was ACeS International founded?

ACeS International was founded in 1995.

Communications M&A Summary in 2003

Out of 60 sectors in the Mergr database, communications ranked 13 in number of deals in 2003. The largest communications acquisition in 2003 was Inmarsat Group - which was acquired by Apax for $1.9B.

Join Mergr to view all 58 acquisitions of communications companies in 2003, including 28 acquisitions by private equity firms, and 30 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).


Company Summary

SECTOR

Communications

Established

1995

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