Mergers, Acquisitions & Exits

KVH sells Videotel division to focus on core initiatives

By Craig Ritchie2019-05-20T13:32:00

Divestiture of its Videotel training business will allow KVH to focus on core strategic initiatives including the development of integrated chip technology

Middletown, Rhode Island-based KVH Industries Inc has sold its maritime training business known as the Videotel group of companies to an affiliate of Oakley Capital for US$90m in order to focus on core strategic initiatives.

Register or Sign-In to continue reading

You must be a registered user and logged in to read this content.

IBI Magazine_Website_promo_July

Register to access IBI News daily:

  • Breaking industry news as it happens
  • An average of 35 new items a week
  • Access to free content on ibinews.com, including company & product news, personnel announcements, our international boat show calendar, event listings and more
  • A personal account where you can save articles, change your email & address details and manage communication preferences

or Subscribe to IBI Plus for even more benefits:

  • Industry statistics
  • Market reports
  • Company insights
  • In-depth segment reports
  • Our archive of more than 30,000 news items and features

Get access to IBI Plus premium content Subscribe Today

Subscribe for as little as £20/month to get 20 accesses to Premimum Content a month

Already registered? Sign in now