Satnews Daily
November 21st, 2008

All About Acquisitions... EMS Technologies + Satamatics Global


EMS Technologies, Inc. (NASDAQ:ELMG) has signed a definitive agreement to acquire Satamatics Global Ltd., a global provider of Inmarsat IsatM2M (machine-to-machine or “M2M”) services, headquartered in Tewkesbury, U.K.

EMS + Satamatics logos

The acquisition complements the Company’s existing Iridium- and Inmarsat-based tracking solutions. EMS expects the acquisition to be accretive and to add EBITDA of $3 million to $5 million in the first year post-acquisition. Operating with Inmarsat’s IsatM2M satellite service, Satamatics enables organizations to locate, track and communicate with mobile assets, safeguard fleets, cargo and personnel, and monitor fixed assets in the world’s most hostile and remote areas. Founded in 2001, Satamatics has an extensive worldwide distribution network of value-added resellers, but also supplies direct to end users complete tracking and monitoring solutions (hardware, airtime and mapping) for land transport, oil and gas, and maritime industries. Since 2005, the company has had a consistent compounded annual growth rate of 29 percent. Frost & Sullivan reports that the satellite M2M market is expected to grow by 21 percent annually, from $610 million in 2008 to $900 million in 2009.