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Marc Eisenberg, ORBCOMM:
Stellar Satellite Communications for Orbcomm Modems
August 10, 2010
ORBCOMM,
a global satellite data communications company focusing on two-way
Machine-to-Machine (M2M) communications and provider of space-based
Automatic Identification System (AIS) services, has entered into an
agreement to sell the assets of Stellar Satellite Communications, a
wholly-owned subsidiary that sells satellite hardware, to Quake Global a
manufacturer of M2M based satellite and terrestrial communicators.
Through this acquisition and the planned continuation of Stellar's
operations in Dulles, Virginia, QUAKE will establish an East Coast
office. This will enable QUAKE, whose headquarters are in San Diego, to
expand and improve its customer service and sales efforts. Stellar's
strong presence products tailored to the transportation and trailer
tracking markets will open new market segments for QUAKE.
"Adding
Stellar's catalog of ORBCOMM modems to the already extensive line of
QUAKE communicators will strengthen our long-standing relationship with
ORBCOMM and will reinforce QUAKE's position as the leader among
satellite M2M device manufacturers," said Polina Braunstein, President &
CEO of Quake Global. "The integration of the personnel and engineering
talents of these two very experienced companies that were pioneers in
the manufacture of satellite subscriber communicators will work to
develop a new generation of smart modems poised to take full advantage
of the next generation of satellites that are on the near horizon."
"We highly value our long-standing partnership with Quake Global and
believe it is the best fit for Stellar and its customers," said Marc
Eisenberg, CEO of ORBCOMM. "QUAKE's renowned track record for developing
cutting edge modem technology and for supplying highly reliable,
industrial grade hardware to the marketplace, have helped to propel
ORBCOMM into the dynamic global satellite network it is today. Stellar's
leadership position in transportation and cargo tracking is an excellent
complement to QUAKE's success in heavy equipment and OEM telematics." |