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GI Partners

GI Partners acquires Orbcomm

New Jersey-based Orbcomm, which supplies satellite-based Internet of Things and M2M connectivity, is being bought by GI Partners. GI Partners is paying a premium of some 52 per cent on Orbcomm’s closing share price of April 7th. Orbcomm has more than 30 satellites in low Earth orbit, and has a list of blue-chip clients who […]

April 9, 2021By Chris Forrester