Speedcast buying Globecomm for $135 million

Speedcast buying Globecomm for $135 million

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Satellite communications provider Speedcast is purchasing Globecomm for $135 million in cash and debt, further expanding the company’s presence in the defense market.

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Satellite service providers Harris CapRock, Globecomm said to be for sale

Satellite service providers Harris CapRock, Globecomm said to be for sale

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Harris Corp. has put its CapRock maritime satellite services division on the sales bloc after concluding that the business will drop another 25 percent. Globecomm is also said to be up for sale.

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Profile: Learning Something New Every Day

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David Hershberg Chief Executive Officer, Globecomm Systems Inc.

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