Emerging Markets Communications Acquires STM and its Affiliate Entities
Miami, FL, Sept. 23, 2013 — Emerging Markets Communications (EMC), a satellite and terrestrial communications solution provider and satcom technology manufacturer, has acquired STM and its affiliate entities Global IP and Vodanet Brasil.
Financial details of the transaction were not disclosed.
STM is a satellite hardware manufacturing company developing VSAT products based on the DVB-RCS2 standard. STM’s affiliate company, Global IP, provides satellite connectivity and specializes in the mobility, maritime and oil and gas markets. Vodanet serves as an operating company in Brasil, fully licensed to provide VSAT services both onshore and offshore.
In a news release, the company said the combined STM organization has over 20 years of industry experience in 150 countries with over 150,000 VSAT terminals deployed in to service.
EMC’s satellite connectivity includes a global C-band and Ku-band footprint for enterprise networks. EMC also owns and manages 32 in-country field support centers worldwide.
“STM, Global IP and Vodanet Brasil bring significant value to EMC’s portfolio of services and capabilities, complementing our infrastructure, technology and vision of delivering a fully integrated solution to customers in the most remote locations worldwide,” said Abel Avellan, founder and CEO of EMC.
“The collective STM entities’ expertise in providing network services in key verticals, particularly offshore and mobility, combined with its innovative satellite technology are tremendous assets to EMC and STM customers,” he said.
EMC’s customer base and vertical expertise includes oil and gas, maritime, telecom, governments, NGOs, mobile operators and corporate enterprises. Oil and gas customers in onshore, offshore and maritime segments have VSAT installations in the Gulf of Mexico, Brasil, West Africa, the North Sea, as well as the Indian and Pacific oceans.
EMC also has additional mobility customers in fishing boats, ferries, high-speed trains and helicopters. These customers leverage EMC’s wholly-owned support centers and global Ku-band and C-band networks to maximize their business performance on land, in the air or at sea.
Analysts say EMC’s research and development facilities in United States and India, and its 18 patented technologies, combined with STM’s research and development facilities in Norway and innovative design and manufacturing of high quality, bandwidth-efficient satellite systems, positions EMC as a leading provider of the DVB-RCS2 standard.