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EMC Finalizes Acquisition Of MTN Communications… Adds Dimension w/New Industry Genres

July 20, 2015

[SatNews] "We are excited to add the cruise, ferry and yacht markets to our targeted sectors, and will be merging our government, oil and gas, and commercial shipping business…"

EMC announces it has completed its acquisition of MTN (Maritime Telecommunications Network). The combined global company retains the name “EMC” and is now headquartered at MTN’s Miramar, Florida offices. The acquisition creates a company with combined 35 years’ experience in delivering connectivity and content to organizations and people on the move in the most remote locations. The EMC global mobility platform is the industry’s most advanced, leveraging an unprecedented hybrid satellite and terrestrial broadband network. At sea, on land and in the air, EMC customers will experience the most seamless, reliable connectivity and access to live worldwide TV, on-demand video content, Internet, voice, cellular and 3G services, globally. The company closed the acquisition after announcing plans to do so on April 29, 2015.

“Customers can clearly distinguish EMC from other providers in three ways—our truly global services for mobility and fixed applications, our differentiated products and technologies, and our unique worldwide customer support,” said Abel Avellan, founder and CEO, EMC. “Our unmatched global mobility platform operates off the most extensive, advanced network serving the specific needs of our diverse customer set. Our ability to deliver customers the most efficient services comes from our unprecedented engineering innovations. We are excited to add the cruise, ferry and yacht markets to our targeted sectors, and will be merging our government, oil and gas, and commercial shipping business units to continue to deliver our recognized reliable service and support.”

The new entity provides remote connectivity to approximately 8,000 on-land sites and 1,600 vessels. The acquisition also further accelerates the organization’s scale and purchasing power as the largest consumer of satellite capacity outside the U.S. and Europe.

“We are excited to leverage synergies, and complementary products and services, for our distinct markets to further expand modern connectivity to remote locations at sea, on land and in the air,” Avellan said.

 

Filed Under: Business & Finance, Mergers & Acquisitions

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