Wednesday, February 08, 2006

JOB SUCCESS: SKYSTREAM BEING ACQUIRED

GREAT NEWS Starting 7 years ago the journey at SkyStream is nearly complete. SkyStream is currently under acquisition by Tandberg Television out of Norway.

Link to biz journal news
Link to SkyStream PR
Link to Tandberg Presentation

What does this mean for us?
(i) This is a great things for SkyStream as its new parent relates very well to our business, customers and products

(ii) It is very satisfactroy to me personally as it was a very long and hard job to get this accomplished

(iii) In the US to be able to put on your resume that you were a major part of making the company profitable, and subsequently being acquired is a positive boost for ones career

(iv) As for the future, I am cautiously optimistic that this will have great impact! With around 50-60% of the overall revenues till date coming out of my area of responsibilities I am quite certain there will be a role for me somewhere moving forward ;-)

(v) And last but certainly not least there even might be a little extra in it for a kids scholarship program. Where at one time SkyStream was nearly bankrupt this is an unsuspected bonus.

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