Matrix Communications Snapshot
Matrix Communications Group (formerly Offshore Telecom) has abandoned its satellite services in favor of networking, voice, data, and security IT services for businesses. Service offerings include VoIP telephony systems; network management and security; and system monitoring, some of which are offered in conjunction with partners such as Mitel and Alcatel-Lucent. In a further restructuring, the company is selling its integration division to Ireland-based Calyx Group in a cash-and-stock deal valued at £40.5 million. Matrix is changing its name to Fujin Technology and is focusing on the business of content filtering for mobile telecom operators.