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Global Eagle Makes $550 Million Acquisition of EMC

Monday, May 16, 2016   (0 Comments)
Posted by: Via Satellite
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In-Flight Entertainment and Connectivity (IFEC) provider Global Eagle Entertainment (GEE) is acquiring satellite connectivity provider EMC for $550 million, the companies announced this morning. The acquisition, anticipated to close during the third quarter of this year, is GEE’s biggest acquisition to date, and brings the company into new markets — most notably maritime communications.

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