S&P Global to acquire ORBCOMM’s Automatic Identification System business

S&P Global announced an agreement to acquire the Automatic Identification System data services business of ORBCOMM. The AIS business is a leading provider of satellite data services used to track and monitor vessels, enhancing maritime visibility and delivering critical insights that support business intelligence and decision-making for government and commercial clients worldwide. S&P Global also announced it has entered into an agreement to take a strategic equity position in ORBCOMM. The two organizations will create a strategic alliance to develop a range of differentiated supply chain data and insight offerings, underscoring its commitment to further investing in this sector while helping customers navigate the complex maritime environment. The strategic alliance builds on the complementary strengths of S&P Global and ORBCOMM in global trade and logistics ecosystems. S&P Global’s equity investment in ORBCOMM further emphasizes its commitment to this strategic alliance. The acquisition is subject to customary closing conditions, including receipt of certain regulatory approvals. It is expected to close during 2025 and financial terms of the transaction were not disclosed.