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Marlink Group obtains regulatory approval to acquire ITC Global

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Posts: 1195
Apr 17th, 2021 at 1:41pm  
Intended new owners of ITC Global from end April 2021...

12 April 2021 - Marlink.

The Marlink Group, backed by Apax Partners, has obtained final regulatory approvals to acquire 100% of ITC Global from Panasonic.

The Marlink and ITC Global management teams are preparing for a swift closing of the transaction in the coming weeks, while remaining fully focused on providing best-in-class services to their customers across the world.

Both the Federal Communications Commission (FCC) and the Committee on Foreign Investment in the United States (CFIUS) have given their approval to the deal. All is now on track for ITC Global to join the Marlink Group on 30th April, supporting the expansion of the Group’s global leadership in the energy and enterprise markets.

As part of the Marlink Group, ITC Global will mainly focus on energy and high-end customers who demand specific and complex managed network solutions. Furthermore, ITC Global will extend and complement Marlink Group’s global footprint with a strong presence in the US, the UK and Australia.

ITC Global have been featured (free of charge, like everone else !) on my satsig web site for several years and the following pages relate to their activities:

Satellite broadband for business in Africa
ITC Global, a Panasonic Company. ITC Global is a leading provider of industrial grade broadband and voice solutions designed specifically for oil, gas, mining.

iDirect Hubs providing satellite communications services
ITC Global operate seven strategically located iDirect Hubs.

Satellite internet service providers in Asia / Pacific
ITC Global operate multiple iDirect hubs, in both C and Ku band, with coverage of Asia, the Indian subcontinent, Australia and New Zealand.

I have no information yet about any change of name or contact details (web site, phone or email addresses).
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