KVH Industries
KVH Industries, Inc. specializes in mobile connectivity solutions for marine and land mobile markets, both in the United States and internationally. The company operates through two main segments: Mobile Connectivity and Inertial Navigation. It offers a range of products, including mobile satellite communications systems, TracPhone terminals, and data management software for maritime communications. KVH's services include satellite-based Internet, voice, and entertainment options, as well as airtime plans for customers. In addition, the company manufactures high-performance sensors and inertial systems for navigation and stabilization, catering to both commercial and defense sectors. KVH also provides licensed entertainment content, such as news and sports programming, targeting maritime, hospitality, and retail customers. The company's products are distributed through various channels, including independent retailers and government contractors, and are available for direct purchase or lease by end users. Founded in 1978 and headquartered in Middletown, Rhode Island, KVH Industries serves a diverse international clientele, generating significant revenues from markets across Asia, Europe, Africa, and the Middle East.
3 past transactions
Videotel
Acquisition in 2014
Videotel is a prominent multimedia producer specializing in high-quality maritime safety training software and materials for the maritime community. The company offers an extensive portfolio of over 950 titles, making it the largest provider of maritime computer-based training materials globally. With more than 100 million training hours completed, Videotel's award-winning videos, programs, and courses are utilized on over 12,000 vessels, effectively promoting the education of seafarers worldwide. Additionally, Videotel provides online courses, e-learning solutions, software tools, certifications, and training simulations, ensuring that students in the shipping industry have access to accurate and up-to-date resources that enhance their skills for real-life scenarios.
KVH Media Group
Acquisition in 2013
KVH Media Group, formerly known as Headland Media, is a prominent provider of commercially licensed news, music, television, and movie entertainment content tailored for various industries, including maritime, retail, and hospitality. The company specializes in delivering media, entertainment, and training services, offering satellite-based news, email, internet, and weather services to cruise ships, merchant vessels, and hotels. Additionally, KVH Media Group provides in-store radio and music services to the retail sector through its broadcast division. Its parent company, KVH Industries, is recognized for its innovations in in-motion satellite TV and communication systems, having developed and sold over 175,000 mobile satellite antennas for use in vessels, vehicles, and aircraft. The company is headquartered in Middletown, Rhode Island, and maintains a global presence with offices in several countries, including Denmark, Norway, the United Kingdom, Singapore, the Philippines, Cyprus, and Japan.
Virtek Communication
Acquisition in 2010
Virtek Communication AS specializes in telecommunications services, focusing on the development and deployment of middleware software that facilitates data transmission management for commercial fleets and vessel owners. Since becoming part of the KVH Industries family in 2010, Virtek has leveraged its CommBox technology to enhance global satellite communication services, particularly in the maritime sector. The company provides reliable, cost-effective, and flexible solutions tailored to the unique data communication needs of the maritime, land, and aviation industries. Its offerings connect office networks with remote operations, such as vessels and airplanes, ensuring that clients can meet both current and future communication requirements effectively.
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