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...
Michael Bruno

Based in Washington, Michael Bruno is Aviation Week Network’s Executive Editor for Business. He oversees coverage of aviation, aerospace and defense businesses, supply chains and related issues.

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