International defense electronics company Elbit Systems has said that its wholly-owned Israeli subsidiary Elbit Systems Land and C4I-Tadiran has acquired all of the shares of Shiron Satellite Communications, a privately-owned Israeli company, for a purchase price of $16 million.

Shiron’s solutions are suited for the growing interactive multimedia broadband satellite market. Shiron's InterSKY(TM) satellite communications system provides broadband satellite services to remote locations Shiron's technology, well proven in the commercial market, is anticipated to be synergetic to the communication technology developed and implemented in ESLC-T's military systems and products.

Elbit Systems develops, manufactures and integrates advanced, high-performance defense electronic and electro-optic systems for customers throughout the world. The company’s major business activities includes - military aircraft and helicopter systems and upgrades, helmet mounted systems, electronic warfare and signal intelligence systems, commercial aviation products, land vehicle systems and upgrades, military communications systems and equipment, c4i and government information systems, unmanned air vehicle systems, electro-optic and countermeasures systems and products, homeland security systems, naval systems, technology spin-offs and other commercial activities.

Shiron Satellite Communications, a technology company active in the satellite broadband communication market, was founded in 1996. The company’s unique broadband satellite system, InterSKY, is based on the DVB open standard solution together with advanced patent-protected technologies.

Enjoying global coverage, Shiron has a customer base that includes major satellite operators, Telco’s, ISP’s and government agencies, as well as public and private companies. To date, the company has deployed broadband DVB hubs worldwide, with many thousands of remote terminals.