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05.13.2014 - Speedcast Announces Buyout Of Satcomms Australia

View RealWire related news. SpeedCast Also Announces Appointment of New Board Director and New ChairmanAUSTRALIA AND HONG KONG, 13th May, 2014 - SpeedCast Ltd ("SpeedCast"), a major international satellite services provider, today announced the buyout of SatComms Australia, a leading satellite solutions provider in Australia. The closing of the transaction is subject to regulatory approval. The acquisition will further consolidate SpeedCast's leadership position in the Asia-Pacific region and provide SpeedCast with an expanded presence in Australia. SpeedCast also announced... Source: RealWire

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