[November 19, 2009] SES invests $75 million in O3b Networks Tweet Nov 19, 2009 (Datamonitor Financial Deals Tracker via COMTEX) -- SES SA has made a minority investment of $75 million in O3b Networks Limited, a Channel Islands-based manufacturer of satellite-based network infrastructure for telecom operators and internet service providers (ISPs). SES is a Luxembourg-based satellite company. Brunswick Group LLP acted as public relations advisor to SES and UBS Investment Bank acted as advisor to O3b on the transaction. Deal Value (US$ Million) 75 Deal Type Private Placement Sub-Category None Deal Status Completed: 2009-11-16 Deal Participants Target (Company) O3b Networks Limited Acquirer (Company) SES SA Deal Rationale O3b Networks plans to use the proceeds to support the development of its high-speed, satellite internet network without broadband access. [ Back To TMCnet.com's Homepage ]