Announced
Completed
Financials
Sources
Tags
Private
Completed
Majority
IT Services: Other
Friendly
Acquisition
location intelligence
intelligence platform
flight services
Domestic
Canada
Single Bidder
Synopsis
SKYTRAC, a company in aerospace intelligent connectivity and satellite communications, completed the acquisition of Troo's Aviation Division, including the TrooTrax, a platform providing real-time map-based predictive flight following, a location intelligence platform. Financial terms were not disclosed. “TrooTrax Mission brings strong technology and a talented team to solidify our position as a powerful, market-leading flight following and mission support solution. With our mutual focus on situational awareness, safety, and efficiency, we’ve long recognised the exceptional capabilities of the Troo team and software and are excited to have them as part of SKYTRAC,” Malachi Nordine, SKYTRAC President.
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