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    Thursday, October 26, 2006

    Apax Partners Buys Telenor Satellite Services


    Private equity firm Apax Partners is acquiring Norway-based Telenor Satellite Services, a provider of satellite communications services, in a deal worth $400M. Apax said that Apax Partners France will pay NOK 2,640M for the firm from Telenor. Telenor provides VSAT satellite communications services to clients worldwide, and had revnues of $376.9M in 2005, and revenues of $285.7M for the first nine months of 2006.
    posted on Thursday, October 26, 2006


    Related companies:
    Apax Partners

    Related stories:
    > GO Networks Acquisition Finalized
    > mFoundry GetsStrategic Investment
    > Wisair Finds $24M
    > Crescendo Networks Adds $9.5M
    > Transera Gains $17M

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