Orbcomm Buys Skygistics as Part of IoT Strategy

Orbcomm expects to close next month on its planned buy of South Africa's Skygistics and its South Africa and Australia subsidiaries, Orbcomm said in a news release Tuesday. Orbcomm said the Skygistics deal will expand distribution for its product set in various IoT markets, including numerous African nations, and comes as Orbcomm looks to be a global IoT services provider. Skygistics already distributes satellite connectivity products from SkyWave, an Orbcomm subsidiary, it said. The deal's terms weren't announced.