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  5. Castor Networks Acquires Watum Solutions B.V.

M&A Deal Summary

Castor Networks Acquires Watum Solutions B.V.

On January 16, 2017, Castor Networks acquired communications company Watum Solutions B.V.

Acquisition Highlights
  • This is Castor Networks’ 2nd transaction in the Communications sector.
  • This is Castor Networks’ 1st transaction in the Netherlands.

M&A Deal Summary
Date 2017-01-16
Target Watum Solutions B.V.
Sector Communications
Buyer(s) Castor Networks
Deal Type Add-on Acquisition

Target

Watum Solutions B.V.

Groningen, Netherlands
Watum Solutions B.V. is a provider of IT networks and satellite communication for the shipping and offshore industry. Watum Solutions is specialized in designing, installing and maintaining IT and VSAT systems on board of commercial vessels, offshore vessels and drilling platforms and is active in Europe, Africa, the Mexican Gulf, the Caribbean Sea and the Middle-East.

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Buyer(S) 1

Buyer

Castor Networks

Utrecht, Netherlands
Category Company
Founded 2005
Sector Communications
DESCRIPTION

Castor Networks is a satellite service provider and teleport operator. Castor Networks provides VSAT and mobile satellite services to companies active in the Mining, Maritime and Energy industries, NGO's and Governments. Broadcasting customers benefit from live audio and video transmission services, downlink and transcoding services and uplinking of TV bouquets.

DEAL STATS #
Overall 2 of 2
Sector: Communications M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
Country: Netherlands M&A 1 of 1
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-28 Telstream Telecoms Pty

Bedfordview, South Africa

Telstream Telecoms Pty Ltd. is a provider of satellite communications solutions to customers throughout Africa with special focus on the Mining and Construction markets.

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