M&A Deal Summary

SpeedCast Acquires Oceanic Broadband Solutions Pty.

On June 18, 2014, SpeedCast acquired communications company Oceanic Broadband Solutions Pty.

Acquisition Highlights
  • This is SpeedCast’s 5th transaction in the Communications sector.
  • This is SpeedCast’s 4th transaction in Australia.

M&A Deal Summary

Date 2014-06-18
Target Oceanic Broadband Solutions Pty.
Sector Communications
Buyer(s) SpeedCast
Deal Type Add-on Acquisition

Target

Oceanic Broadband Solutions Pty.

Worongary, Australia
Oceanic Broadband Solutions Pty. Ltd. is a provider of high speed, business grade satellite internet, telephony and IPTV services.

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Buyer(S) 1

Buyer

SpeedCast

Houston, Texas, United States

Category Company
Founded 1999
Sector Communications
DESCRIPTION

SpeedCast is a global network solutions provider, enabling critical communications on land and at sea. Providing high-quality managed network services in over 40 countries, SpeedCast delivers unparalleled capabilities for satellite services to meet both corporate and carrier requirements. With 14 international points of presence and 16 teleport operations, SpeedCast is your local partner from Asia to the world. SpeedCast was formed in 1999 and is based in Houston, Texas.


DEAL STATS #
Overall 5 of 6
Sector: Communications M&A 5 of 6
Type: Add-on Acquisition M&A Deals 5 of 6
Country: Australia M&A 4 of 4
Year: 2014 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-05-13 SatComms Australia

Birtinya, Australia

SatComms Australia (“SatComms”) is a specialized provider of mobile and fixed satellite solutions in the Australian market and in the Asia-Pacific region. The company services customers in the natural resources, maritime and Government sectors.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-16 Hermes Datacommunications International

Shrewsbury, United Kingdom

Hermes Datacommunications International Ltd. is a provider of managed network services for the upstream oil and gas industry. Hermes Datacomms provides satellite and fibre links to some of the most remote and challenging locations, both onshore and offshore.

Buy -