M&A Deal Summary

NSSLGlobal Acquires SnapTV AS

On December 20, 2016, NSSLGlobal acquired information technology company SnapTV AS

Acquisition Highlights
  • This is NSSLGlobal’s 1st transaction in the Information Technology sector.
  • This is NSSLGlobal’s 1st transaction in Norway.

M&A Deal Summary

Date 2016-12-20
Target SnapTV AS
Sector Information Technology
Buyer(s) NSSLGlobal
Deal Type Add-on Acquisition

Target

SnapTV AS

Fornebu, Norway
SnapTV AS is a provider of infotainment software, hardware and services. SnapTV infotainment software service (delivered via an easy-to-use GUI) includes television, recording (nPVR), video on demand and radio.

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Buyer(S) 1

Buyer

NSSLGlobal

Redhill, United Kingdom

Category Company
Founded 1969
Sector Communications
DESCRIPTION

NSSLGlobal Ltd. is an independent service provider of satellite communications.


DEAL STATS #
Overall 2 of 2
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
Country: Norway M&A 1 of 1
Year: 2016 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-15 Marine Electronics Solutions

North Shields, United Kingdom

UK Electronic Solutions Ltd. is a provider of installation, maintenance, supply and development of communications and navigation products and solutions for the maritime, government, offshore renewables and oil & gas sectors.

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