Singapore-listed Global Invacom acquires Germany's Apexsat

Photo by Donald Giannatti on Unsplash

Singapore-listed Global Invacom, which provides satellite communications equipment, is acquiring the assets and intellectual property (IP) of Germany-based Apexsat for 250,000 euros ($280,791), according to a media statement.

Apexsat specialises in the design and manufacture of steerable earth station solutions and motorised and transportable antenna systems.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter