Global Invacom buys US satellite maker Skyware Global

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.