Norsat International Inc. acquired Ireland-based WiMAX provider, Bluemoon 4G Ltd., in an all-stock transaction, Norsat announced April 22.
    “With the acquisition of Bluemoon, we accelerate our entry into the WiMAX market and expand our geographic reach into markets in emerging countries. We believe this acquisition is aligned with our strategic diversification into the commercial sector and will deliver long term growth and increase Norsat’s profitability,” said Norsat CEO Amiee Chan, in a statement.
    Bluemoon is a privately held company with sales coverage in rural markets such as Africa and South East Asia and whose WiMAX-in-a-Box product has both commercial and military applications and is easily scalable from as little as 10,000 subscribers.