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  5. KVH Acquires Virtek Communication AS

M&A Deal Summary

KVH Acquires Virtek Communication AS

On September 8, 2010, KVH acquired software company Virtek Communication AS

Acquisition Highlights
  • This is KVH’s 1st transaction in the Software sector.
  • This is KVH’s 1st transaction in Norway.

M&A Deal Summary
Date 2010-09-08
Target Virtek Communication AS
Sector Software
Buyer(s) KVH
Deal Type Add-on Acquisition

Target

Virtek Communication AS

Horten, Norway
Virtek specializes in the development and deployment of software known as “middleware” that helps commercial fleets and vessel owners manage the data transmitted to and from their vessels over different satellite communications services

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Buyer(S) 1

Buyer

KVH

Middletown, Rhode Island, United States
Category Company
Founded 1982
Sector Technology Hardware
Employees247
Revenue 114M USD (2024)
DESCRIPTION

KVH is a provider of in-motion satellite TV and communications systems having designed, manufactured, and sold more than 175,000 mobile satellite antennas for applications on vessels, vehicles, and aircraft. KVH was founded in 1982 and is based in Middletown, Rhode Island.

DEAL STATS #
Overall 2 of 4
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 3
Country: Norway M&A 1 of 1
Year: 2010 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1997-01-01 Andrew - Sensor Products Assets

Westchester, Illinois, United States

Andrew LLC - Sensor Products Assets opens a fiber optic gyro manufacturing facility near Chicago, Illinois.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-05-13 Headland Media

Leeds, United Kingdom

Headland Media Limited is a provider of new digest, training and media services.

Buy -
Mergr

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