Global Invacom buys US satellite maker Skyware Global
Move will boost its presence in China, Israel, Malaysia and UK
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Singapore
SATELLITE equipment specialist Global Invacom Group is buying US satellite terminal manufacturer Skyware Global for up to US$11.6 million, in a move the mainboard-listed group said will position it as a world leader in satellite communications equipment.
North Carolina-based Skyware develops, designs and manufactures Very Small Aperture Terminals (VSAT), or two-way ground satellite systems with small dish antennas, and will add to Global Invacom's manufacturing presence in China, Israel, Malaysia and the UK.
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