Euroconsult Awarded Speedcast "Strategic M&A Transaction of the Year" During 2017 World Satellite Business Week for Harris CapRock AcquisitionParis, Sep 14, 2017 AEST (ABN Newswire) - Speedcast International Limited (ASX:SDA), the world's most trusted provider of highly reliable, fully managed, remote communication and IT solutions, announced today that 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.
"We are thrilled to be honored by Euroconsult for our acquisition of Harris CapRock," said Pierre-Jean Beylier, CEO, Speedcast. "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 Sept. 13 in Paris, during the 21st World Summit for Satellite Financing.
For more information about Speedcast, visit http://www.Speedcast.com
About Speedcast International Ltd
Speedcast International Ltd (ASX:SDA) is the largest provider of remote communications and IT services in the world. Speedcast's fully managed service is delivered via a leading global, multi-access-technology, multi-band and multi-orbit network of 70+ satellites and an interconnecting global terrestrial network, bolstered by extensive on the ground local support from 40+ countries. This global "network of networks" allows customers to fully rely on the most robust, integrated infrastructure available in the market for their mission critical applications. Speedcast is uniquely positioned as a strategic business partner, tailoring communications, IT and digital solutions to meet unique customer needs and enable business transformation. Speedcast extends its managed services through differentiated technology offerings including cyber-security, crew welfare, content solutions, data & voice applications and network systems integration services. With a passionate customer focus and a strong safety culture, Speedcast serves more than 2,000 customers in over 140 countries in sectors such as Maritime, Energy, Mining, Enterprise, Media, Cruise, NGOs and Government. Learn more at Speedcast.
Speedcast International Ltd