Industrial IoT Forerunner OrbComm To Be Taken Private For $1.1B

OrbComm launch hangar.
Credit: OrbComm
OrbComm, the low Earth orbit constellation provider of industrial connectivity services whose roots date to 1990s commercial space efforts, will be acquired by GI Partners, a U.S.-based investor in data infrastructure businesses, in an all-cash deal worth around $1.1 billion, including net debt...

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