The firm announced the full acquisition of RR Media, a global media services provider created in 1981 and listed on NASDAQ. This acquisition will allow SES to provide and manage a wide range of services (satellite, IP TV, online videos...) coming from different sources under one unique structure. It will complete the current SES Platform services and allow the company to diversify its services geographically, which previously targeted mainly Europe (97% of revenues). Services currently repres
29 Feb 2016
Second acquisition in the Platform Services business
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Second acquisition in the Platform Services business
SES SA FDR (Class A) (SESG:PAR) | 0 0 4.1% | Mkt Cap: 5,372m
- Published:
29 Feb 2016 -
Author:
Myriam Cohen -
Pages:
3
The firm announced the full acquisition of RR Media, a global media services provider created in 1981 and listed on NASDAQ. This acquisition will allow SES to provide and manage a wide range of services (satellite, IP TV, online videos...) coming from different sources under one unique structure. It will complete the current SES Platform services and allow the company to diversify its services geographically, which previously targeted mainly Europe (97% of revenues). Services currently repres