Telenor Satellite Services, a subsidiary of Telenor of Norway, has purchased the satellite communications activities of Norse Technology AS and additionally has acquired the majority of stock in Norwegian-based Norse Electronics AS. With this purchase, Telenor Satellite Services intends to re-establish Norse Electronics AS as the leading integrator of communications services for the Oil & Offshore industry. The acquisition of Norse Electronics also serves to enhance Telenor Satellite Services’ capabilities to deliver complete communications packages and services for the Oil & Offshore market as well as the maritime transportation industry.
