It was announced today at Euroconsult’s 14th Annual Awards for Excellence in Satellite Communications that this company won the award for “Strategic M&A Transaction of the Year”.
Speedcast International Limited (ASX: SDA), provider of reliable, fully managed, remote communication and IT solutions, announced it has been honored as the winner of the “Strategic M&A Transaction of the Year” award for its acquisition of Harris CapRock at Euroconsult’s 14th Annual Awards for Excellence in Satellite Communications.
Pierre-Jean Beylier, CEO, Speedcast said they are thrilled to be honored by Euroconsult for their acquisition of Harris CapRock, and that the deal altered the landscape of communications solutions provided to the energy and cruise industries. Customers now have access to more coverage, a greater local presence, increased flexibility, a broader array of product and services options, as well as a clear pathway for them to upgrade their communications as the markets require.
The awards recognize companies and their leaders who are transforming and driving the satellite industry, as well as contributing to growth and innovation. They are based on a performance analysis of the market players and assessed by a jury of experts from Satellite Finance and Space News, as well as Euroconsult’s analyst team. Quantitative and qualitative indicators are taken into account in the assessment.
The awards ceremony took place September 13 in Paris, during the 21st World Summit for Satellite Financing.