SES World Skies

SES World Skies
Private company
Industry Telecommunications
Founded 2009
Defunct 2011
Headquarters Netherlands / United States
Products Satellite Services
Number of employees
 169 (2007)
Parent SES S.A.
Website

SES World Skies was a short lived company formed as a result of the merger between the two SES subsidiaries, SES Americom and SES New Skies. The company was merged into its parent company, SES S.A. in 2011.

History

SES Americom

Main article: SES Americom

SES Americom traces its roots back to RCA Americom, formed in 1975. RCA Americom was notable for launching the Satcom series of satellites which were instrumental in helping early American cable TV channels gain traction. In 1986, General Electric acquired RCA and renamed the Americom unit to GE Americom. Fifteen years later, in 2001, GE sold its GE Americom unit to SES for $5 billion in cash and stock.

SES New Skies

In 1998, Intelsat transferred 5 of its 24 satellites to New Skies Satellites N.V., a Dutch start up company formed by Intelsat to help move Intelsat towards privatization.[1] [2] In June 2004, New Skies Satellites was sold to The Blackstone Group for $956 million.[3] Eighteen months later, SES Global (now SES S.A.) agreed to purchase New Skies from Blackstone for $1.16 billion.[4]

In September 2006 the company name was changed from New Skies Satellites to SES New Skies.

Internal merger and dissolution

In September 2009, SES New Skies and SES Americom were merged to form SES World Skies.[5]

In September 2011, SES World Skies and SES Astra were merged into SES S.A. to streamline operations under a single management system.[6]

See also

References

  1. ↑ "IntelSat Transfers Satellite Assests". Space Daily. December 1, 1998.
  2. ↑ "Satellite Company Is Trying Life on Its Own". New York Times. January 23, 2001.
  3. ↑ "New Skies Sold For A Billion Dollars". Space Daily. June 7, 2004.
  4. ↑ "SES GLOBAL to Acquire New Skies Satellites". spaceref. December 14, 2005.
  5. ↑ "SES AMERICOM-NEW SKIES Satellite Division Re-brands As SES WORLD SKIES" (Press release). SES WORLD SKIES. September 7, 2009.
  6. ↑ "SES OPERATES UNDER NEW MANAGEMENT STRUCTURE" (Press release). SES. 2 May 2011.
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