Home ST Engineering to acquire Newtec for EUR 250 million
 

Keywords :   


ST Engineering to acquire Newtec for EUR 250 million

2019-03-27 16:10:00| Telecompaper Headlines

(Telecompaper) Singapore Technologies Engineering announced an agreement to acquire Belgium-based Newtec for EUR 250 million cash in order to expand in the satellite communications market. The company expects to acquisition to help it profit from the growing market for low-earth-orbit satellites and related broadband and IoT services. 

Tags: eur million engineering acquire

Category:Telecommunications

Latest from this category

All news

»
02.11Subtropical Storm Patty Graphics
02.11Tropical Storm Lane Graphics
02.11Tropical Storm Lane Wind Speed Probabilities Number 5
02.11Tropical Storm Lane Forecast Advisory Number 5
02.11Tropical Storm Lane Public Advisory Number 5
02.11Summary for Tropical Storm Lane (EP3/EP132024)
02.11Subtropical Storm Patty Forecast Discussion Number 3
02.11Subtropical Storm Patty Wind Speed Probabilities Number 3
More »