Menu
SpeedCast buys Australian Satellite Communications

SpeedCast buys Australian Satellite Communications

Purchase of the Adelaide-based company is part of SpeedCast's global growth strategy

Adelaide-based Australian Satellite Communications (ASC) has been acquired by network and satellite communications service provider, SpeedCast.

SpeedCast provides managed networks services in more than 30 countries throughout Asia, the Middle East and Africa. It is owned by private equity firm, TA Associates.

ASC provides satellite-based communications solutions throughout Australia and surrounding regions, focusing on the mining and oil and gas industries, as well as the construction, government and maritime sectors.

SpeedCast CEO, Pierre-Jean Beylier, said ASC was an ideal fit into SpeedCast’s global growth strategy.

“SpeedCast is executing on its strategy of organic and acquisitive growth. With the acquisition of ASC, SpeedCast consolidates its leadership position in Asia and extends its penetration into the important Australian market, particularly for the oil and gas and mining verticals,” Beylier said.

ASC was founded in 1985 and owns and operates its primary teleport, and runs sales and support centres.

“ASC is an ideal, highly complementary partner for SpeedCast,” TA Associates Asia Pacific managing principal, Edward F. Sippel, said. “ASC’s founders, Chris and Kathy Joseland, have done a superb job growing the company by providing customers with high quality, mission-critical services, often in very remote and challenging locations. We are thrilled to join with ASC and its outstanding management team in this transaction.

Follow Us

Join the ARN newsletter!

Error: Please check your email address.

Tags Networkingacquisitions

Slideshows

IN PICTURES: Mitel A/NZ Channel event Sydney (+23 photos)

IN PICTURES: Mitel A/NZ Channel event Sydney (+23 photos)

Unified communications company, Mitel, invited its top 30 partners in A/NZ to the Intercontinental Hotel in Sydney’s Double Bay. This is the first time the broader A/NZ Mitel channel community have been together since the company re-branding back in October 2014, post Aastra acquisition. ARN received an invite to join attendees for drinks and canapés on the hotel rooftop as Mitel and its partners toasted their recent success.

IN PICTURES: Mitel A/NZ Channel event Sydney (+23 photos)
IN PICTURES: ARN Emerging Leaders Think Tank, Sydney (+40 photos)

IN PICTURES: ARN Emerging Leaders Think Tank, Sydney (+40 photos)

Twenty-one industry leaders came together with ARN staff for an Emerging Leaders Think Tank, held at The Bottle Shop in Sydney​. The aim of the planning session was to develop a compelling program for high potential leaders in the Australian ICT industry.​ Over two hours of strong debate a core line of thought evolved which will form the basis of the Emerging Leaders Forum to be held on May 17 in Sydney. Photos by MARIA STEFINA.

IN PICTURES: ARN Emerging Leaders Think Tank, Sydney (+40 photos)

iasset.com is a channel management ecosystem that automates all major aspects of the entire sales, marketing and service process, including data tracking, integrated learning, knowledge management and product lifecycle management.

Show Comments