Inmarsat, the satellite-based phone network operator, has agreed to pay an initial $110m (£66m) for Segovia in order to provide more services to the US government.
Segovia, based in Virginia, provides mixed satellite and terrestrial networks to the US Army. The deal will enable the two groups to cross-sell products to other US government departments such as the Navy, Air Force and Coastguard. The US government is Inmarsat’s largest customer.
