Rockwell Collins has acquired International Communications Group (ICG), a provider of satellite-based global voice and data communication products and services for the aviation industry. The initial purchase price was US$50m and additional post-closing consideration of up to US$14m may be paid.
“This acquisition broadens our portfolio of information-enabled avionics by adding ICG’s latest generation of Iridium satcom terminals and smart routers to our existing flight deck and cabin connectivity offerings,” said Kent Statler, executive vice president and chief operating officer, commercial systems, Rockwell Collins.
“When coupled with our broad array of network solutions, including our ARINC aviation networks and other satellite communication services, it accelerates our vision of being a leader in end-to-end information management solutions for airlines and business jet operators.”
ICG’s products and services will be integrated into Rockwell Collins’s commercial systems portfolio.
“Bringing ICG into the Rockwell Collins family is the culmination of 20 years of hard work by the dedicated team of professionals at ICG,” said Scott Trainum, CEO at ICG. “To be recognized by a company that shares the same commitment to innovation, quality, customer service and employees is a remarkable accomplishment by all of our people.”
August 12, 2015
