Seeking Alpha

ORBCOMM acquires Comtech's SENS unit

  • ORBCOMM (ORBC +0.6%acquires Comtech's (CMTL +0.4%) Sensor Enabled Notification System operation, which includes satellite hardware, network tech, and web platforms focused on asset tracking. The unit has more than 20K subscribers globally. Terms were undisclosed.
  • The vertically-oriented acquisition also complements ORBCOMM's recent GlobalTrak acquisition, which uses SENS technology.
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