Commercial Machine-to-Machine (M2M) communications satellite operator ORBCOMM Inc. which uses a fleet of small satellites to relay global satellite messaging to remotely track, monitor, and control fixed and mobile assets has signed an agreement to purchase the South African firm Skygistics Ltd. and its South African and Australian subsidiaries.
Based outside of Johannesburg, South Africa, Skygistics provides a broad range of satellite and cellular connectivity options as well as telematics solutions centred around the management of remote and mobile assets to more than 250 telematics and enterprise customers. Such technology is especially relevant to the African market where ground infrastructure can be limited, where satellite tracking can help industries involved in transportation & distribution, heavy equipment, industrial fixed assets, oil & gas, maritime, mining, government and defence.