SES completed the acquisition of Intelsat from Davidson Kempner Capital Management for €2.8bn.

SES, a satellite operator with a fleet of more than 50 geostationary satellites, completed the acquisition of Intelsat, a company that operates a globalized network that delivers satellite broadband services, from Davidson Kempner Capital Management, a private equity firm, for €2.8bn. “Today, we’re not just merging two companies -- we’re creating a stronger company, built for the future. I want to extend a warm welcome to all new employees, customers, and partners. In this new chapter, we are bringing together a powerful mix of talented people, network infrastructure, spectrum, innovation, and global relationships that will allow us to deliver next-generation connectivity and space-enabled services in smarter and quicker ways,” Adel Al-Saleh, SES CEO.