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KVH Industries, which boaters know for its VSAT products, has acquired Headland Media, a U.K.-based distributor of media and entertainment programming. The $24 million transaction is expected to let KVH deliver movies, news, music and more to boaters by introducing Internet Protocol Television (IPTV) over the mini-VSAT Broadband network.
“We see this acquisition as a great start to KVH’s new initiative to bring our customers the same high-quality multimedia content they enjoy onshore, but have usually been unable to receive over their maritime satellite service because of either prohibitively high costs or protocol blocking associated with service providers,” KVH’s CEO, Martin Kits van Heyningen, stated in a press release. “We believe that KVH’s capabilities will help Headland Media grow sales of its services, and that having news, sports and premium movies available on our mini-VSAT Broadband network will help our sales efforts as well.”
Headland Media currently provides television shows, premium movies, sports, news channels and music to client base of 9,600 vessels, 1,700 hotels and 1,700 retail outlets.
Learn more at www.kvh.com.
