Orbcomm acquires Skywave
Orbcomm Inc. acquired SkyWave Mobile Communications, a machine-to-machine (M2M) service provider, effective Jan. 1. Based in Ottawa, Canada, SkyWave offers Orbcomm more than 250,000 subscribers, 400 channel partners, annualized revenues of over $60 million and adjusted earnings before interest, taxes, depreciation, and amortization of over $12 million, according to the company. The acquisition of SkyWave