{"id":71396,"date":"2016-04-12T21:41:16","date_gmt":"2016-04-12T13:41:16","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/orbcomm-moves-to-acquire-south-african-iot-company\/"},"modified":"2016-04-12T21:41:16","modified_gmt":"2016-04-12T13:41:16","slug":"orbcomm-moves-to-acquire-south-african-iot-company","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/orbcomm-moves-to-acquire-south-african-iot-company\/","title":{"rendered":"Orbcomm Moves to Acquire South African IoT Company"},"content":{"rendered":"<\/p>\n<p>[Via Satellite 04-12-2016] <b>Orbcomm <\/b>has entered a definitive agreement to acquire&nbsp;<b>Skygistics<\/b>, a provider of satellite and cellular connectivity, as well as telematics solutions, based outside of Johannesburg, South Africa. Skygistics has more than 250 telematics and enterprise&nbsp;customers, and will add&nbsp;distribution for&nbsp;Orbcomm products in&nbsp;some of the fastest growing markets for the Internet of Things (IoT),&nbsp;including South Africa and 22 other African nations.<\/p>\n<p>The company is a long-time partner of SkyWave, an Orbcomm subsidiary, and a distributor of&nbsp;SkyWave\u2019s satellite connectivity products.&nbsp;Orbcomm is also acquiring Skygistics\u2019 subsidiaries in South Africa and Australia.<\/p>\n<p>\u201cThe acquisition of Skygistics&nbsp;supports&nbsp;Orbcomm\u2019s long-term strategy of&nbsp;becoming a leading global,&nbsp;full-service provider&nbsp;in the Internet of Things,\u201d said Marc Eisenberg, chief executive officer of Orbcomm. \u201cAdding incremental&nbsp;products and services to Skygistics\u2019&nbsp;infrastructure will build a&nbsp;stronger&nbsp;presence on&nbsp;the African continent, which is an important&nbsp;growing market.\u201d<\/p>\n<p>Skygistics has more than 40 employees with an established sales and distribution network throughout Africa.&nbsp;Orbcomm expects the transaction to close in May 2016, subject to customary closing conditions. <b>Near Earth <\/b>advised Orbcomm on this transaction.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[Via Satellite 04-12-2016] Orbcomm has entered a definitive agreement to acquire&nbsp;Skygistics, a provider of satellite and cellular connectivity, as well as telematics solutions, based outside of Johannesburg, South Africa. Skygistics has more than 250 telematics and enterprise&nbsp;customers, and will add&nbsp;distribution for&nbsp;Orbcomm products in&nbsp;some of the fastest growing markets for the Internet of Things (IoT),&nbsp;including South [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":71398,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[],"class_list":["post-71396","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/71396"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=71396"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/71396\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media\/71398"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=71396"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=71396"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=71396"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}