Globe Wireless announced on Feb. 13 that it has entered into a Letter of Intent to acquire the assets of Atlantic RadioTelephone / SatPhoneStore (ART). The acquisition is expected to close within 30 days. Globe Wireless recently introduced the GlobeSwift product line, which was specifically designed for the coastal and yacht market. Globe also recently opened a new sales and support office in Ft. Lauderdale, Florida. ART has been in business for over 35 years in the Miami area. The company operates a an on-line store (www.satphonestore.com), selling maritime and land-mobile satellite equipment and airtime, VSAT Internet and television systems, radars and a variety of marine electronics.