Solix Group completed the acquisition of Cobham Satcom.

Solix Group, an investment firm, completed the acquisition of Cobham Satcom, a technology company that secure satellite communication in remote locations across land and sea. Financial terms were not disclosed. “This transaction will enable us to accelerate our strategy and continue to develop and deliver best-in-class connectivity and safety solutions to our global customer segments. Our capabilities and technology leadership within the maritime industry have been well established and recognized since the 1950s. In recent years, we have also demonstrated our ability to apply these competencies to develop new, critical market-leading satcom solutions for government and defense customers,” Christophe Duret, Cobham Satcom CEO.