Independent journal on economy and transport policy
06:04 GMT+1
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KVH has bought Teletext, society that supplies systems for the formation of the staff of the marine industry
the transaction has a value of 28,7 million pounds
July 8, 2014
American group KVH Industries, specialized in the supply of systems of communication, has bought the British Teletext, society that offers to solutions and systems for the formation of the staff of harbour the marine industry and. (48,9 million dollars).
Teletext supplies services of formation to a fleet of beyond 11 thousand ships. "The acquisition of Teletext - the managing director of KVH, Martin Kits van Heyningen has explained - is an important addition to our pocketbook of services in order to satisfy the requirements of the marine ones and supports our vision strategic to widen our service to broadband in order to include the contained distribution of premium to the ships. We - he has remembered - offer already to marine of the navigation societies connectivities through our net we undermine-VSAT Broadband, between which Internet café, telephone calls VoIP and services of entertainment of the crew through our service IP-MobileCast. With this acquisition we will offer also an immense bookcase of training courses for the marine and relative services of formation. Teletext - it has found van Heyningen - work in a field in increase of the market of the e-learning, in which the increase of normative and the deficiency of marine formats and characterized requirement they determine the necessity of complete formative solutions".
In the 2013 Teletext it has recorded revenues for 14,0 million pounds, of which about 93% deriving from pluriennali contracts for the supply of services.
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