The total consideration for the acquisition is €250,000 ($384,838), which was arrived at following arm’s length discussions between both parties.
SINGAPORE (June 18): Global Invacom is acquiring the technology of the Apexsat group of companies, including its assets and intellectual property.
Apexsat specialises in the design and manufacture of steerable earth station solutions, and motorised and transportable antenna systems. It has developed its own multifunctional command and control systems with integrated tracking and positioning software, which is widely recognised as one of the most technologically advanced in the industry.
