Granahan McCourt Capital, LLC acquires the strategic assets of ASC Signal Corporation through its holding company, Satellite Holdings, LLC. Through a series of strategic acquisitions, Satellite Holdings and its group of companies (including Raven Group) will become a total solutions provider of integrated outdoor units and associated electronics and equipment. The acquisition of ASC Signal Corporation's Direct-to-Home (DTH), Very Small Aperture Terminal (VSAT), and Radio Frequency electronics (RF), plus the 100% stock purchase of the Germany-based Skyware Radio systems (a unit previously owned by Philips - NYSE:PHG) will add customers, talent and scale to the global offering. In addition to manufacturing facilities in the UK and US, the company also has engineering operations in England, Scotland and Germany.
Read Article (PDF)