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Synopsis
Satlink, a provider of proprietary technology solutions for the maritime sector, completed the acquisition of Xeos, a company providing specialized asset-tracking solutions and communication services for high-value devices operating under harsh maritime environments and the oceanographic field. Financial terms were not disclosed. “We are very excited to integrate Xeos and welcome the team onboard, with whom we share the same vision for the future: relentless innovation, commitment to quality, and improving ocean knowledge and sustainability through technology. That's where we want to make the difference,” Faustino Velasco, Satlink Founder and Chairman.
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