RigNet, Inc.

RigNet, Inc.

RigNet, Inc.

Date Founded



1880 South Dairy Ashford,Suite 300,Houston, TX 77077-4760

Type of Company


Employees (Worldwide)



Cable, Satellite, and Radio Telecommunications
Wireless Telecommunications
Advertising & Marketing

Company Description

RigNet, Inc. is a technology company, which engages in the provision of customized communications services, applications, and cybersecurity solutions. It operates through the following segments: Managed Services; Applications and Internet-of-Things; and Systems Integration. The Managed Services segment comprises remote communications, telephony, and technology services for offshore and onshore drilling rigs and production facilities, support vessels, and other remote sites. The Applications and Internet-of-Things segment focuses on the applications over-the-top of the Managed Services segment including Supervisory Control and Data Acquisition (SCADA) and Software as a Service (SaaS) offerings including BlackTIE and CyphreLink encryption, weather monitoring primarily in the North Sea (MetOcean), real-time data monitoring and machine-to-machine learning, and certain other value-added services such as Adaptive Video Intelligence (AVI). The Systems Integration segment gives design and implementation services for customer telecommunications systems. The company was founded by Omar Kulbrandstad in 2000 and is headquartered in Houston, TX.

Contact Data
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Executives & Employees

Chief Executive Officer & President

Interim Chief Financial Officer

Senior Vice President & General Counsel

Chief Technology & Information Officer

Chief Information Officer

Chief Sales Officer

General Manager, Brazil

Vice President & General Manager, Products & Services

Chief Accounting Officer & Director-Accounting

Vice President, Corporate Development

Board of Directors

Former Partner, Southwest Area Professional Practice at KPMG LLP

Chief Operating Officer at Windstream Communications, Inc.

Chief Executive Officer & President at RigNet, Inc.

Chief Executive Officer at Avant Venture Capital AS

Member & Head of Services-Europe at KKR & Co., Inc.

Co-Founder at Congruex LLC

Managing Director at Blue Ridge Partners Management Consulting LLC

Chairman & Chief Executive Officer at vXchnge Operating LLC

Director at Cavell Group Ltd.

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RigNet, Inc.
Owners & Shareholders
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Millennium TVP invests primarily in the technology, Internet, media and communications sectors. The firm considers investments across a variety of industries and geographies. They invest in private and public companies and participate in both debt and equity investments. Millennium TVP takes minority positions and also participates in control-oriented transactions. Investment decisions are based on the attractiveness of the investment's fundamentals and the appropriate balance of risk and reward. Millennium TVP does not rely on a predetermined formula regarding sector, stage or size when selecting investments.

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Millennium TVP invests primarily in the technology, Internet, media and communications sectors. The firm considers investments across a variety of industries and geographies. They invest in private and public companies and participate in both debt and equity investments. Millennium TVP takes minority positions and also participates in control-oriented transactions. Investment decisions are based on the attractiveness of the investment's fundamentals and the appropriate balance of risk and reward. Millennium TVP does not rely on a predetermined formula regarding sector, stage or size when selecting investments.

Recent Transactions
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RigNet, Inc. purchases Energy Satellite Services LLC

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RigNet, Inc. purchases Data Technology Solutions LC

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RigNet, Inc. purchases Cyphre Security Solutions LLC

Insider Transactions
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Transaction Advisors

Advised onRigNet, Inc. issued Common Stock

Escrow Agent

Advised onRigNet, Inc. issued Common Stock

Investment Advisor

Advised onRigNet, Inc. purchases Energy Satellite Services LLC


Advised onRigNet, Inc. purchases Inmarsat Plc /Energy Broadband Business from Inmarsat Plc


Advised onRigNet, Inc. purchases Inmarsat Plc /Energy Broadband Business from Inmarsat Plc

Advisors & Consultants

Treasurer at Kellogg Brown & Root Services, Inc.


Former Secretary, Vice President & General Counsel at RigNet, Inc.


Former Senior Vice President & Chief Technology Officer at RigNet, Inc.


Hess Corp is a global exploration and production company which engages in exploration, development, production, transportation, purchase and sale of crude oil, natural gas liquids, and natural gas with production operations. It operates through the following segments: Exploration and Production; Midstream; and Corporate, Interest, and Other. The Exploration and Production segment explores for, develops, produces, purchases and sells crude oil, natural gas liquids and natural gas. The Midstream segment provides fee-based services including crude oil and natural gas gathering, processing of natural gas and the fractionation of natural gas liquids, transportation of crude oil by rail car, terminaling and loading crude oil and natural gas liquids, and the storage and terminaling of propane, primarily in the Bakken shale play of North Dakota. The Corporate, Internet, and Other segment refers to unallocated costs. The company was founded by Leon Hess in 1920 and is headquartered in New York, NY.

BP Plc operates as an integrated oil and gas company worldwide. It operates through three segments: Upstream, Downstream and Rosneft. The Upstream segment engages in the oil and natural gas exploration, field development, and production; midstream transportation, and storage and processing; and marketing and trade of natural gas, including liquefied natural gas, and power and natural gas liquids. It also owns and manages crude oil and natural gas pipelines; processing facilities and export terminals; and LNG processing facilities and transportation, as well as NGL extraction business. The Downstream segment refines, manufactures, markets, transports, supplies, and trades in crude oil, petroleum, and petrochemicals products and related services to wholesale and retail customers. It offers lubricants and related products under the Castrol, BP, and Aral brands to the automotive, industrial, marine, and energy markets; and petrochemicals products, such as purified terephthalic acid, paraxylene, acetic acid, olefins and derivatives, and specialty petrochemicals products. The Rosneft segment engages in the exploration and production of hydrocarbons in the United States, Canada, Vietnam, Venezuela, Brazil, Algeria, the United Arab Emirates, Turkmenistan, and Norway; and offers jet fuel, bunkering, bitumen, and lubricants. It also produces bioethanol, sugar, and biobutanol; exports power to the local grid; transports hydrocarbon products through shipping and chartering services. BP was founded by William Knox D'Arcy on April 14, 1908 and is headquartered in London, the United Kingdom.

General Electric Co. is a technology and financial services company that develops and manufactures products for the generation, transmission, distribution, control and utilization of electricity. Its products and services include aircraft engines, power generation, water processing, security technology, medical imaging, business and consumer financing, media content and industrial products. The company operates through eight segments: Power, Oil & Gas, Aviation, Healthcare, Transportation, Appliances & Lighting and GE Capital. The Power segment serves power generation, industrial, government and other customers worldwide with products and services related to energy production. The Oil & Gas segment supplies mission critical equipment for the global oil and gas industry, used in applications spanning the entire value chain from drilling and completion through production, liquefied natural gas and pipeline compression, pipeline inspection, and downstream processing in refineries and petrochemical plants. The Aviation segment products and services include jet engines, aerospace systems and equipment, replacement parts and repair and maintenance services for all categories of commercial aircraft; for a wide variety of military aircraft, including fighters, bombers, tankers and helicopters; for marine applications; and for executive and regional aircraft. The Healthcare segment products include diagnostic imaging systems such as magnetic resonance, computed tomography and positron emission Tomography scanners, X-ray, nuclear imaging, digital mammography and molecular imaging technologies. The Transportation segment engages in global technology and supplier to the railroad, mining, marine and drilling industries. The Appliances & Lighting segment products include major appliances and related services for products such as refrigerators, freezers, electric and gas ranges, cooktops, dishwashers, clothes washers and dryers, microwave ovens, room air conditioners, residential water systems for filtration, softening and heating, and hybrid water heaters. The GE Capital segment offers financial services and products worldwide for businesses of all sizes, services include commercial loans and leases, fleet management, financial programs, credit cards, personal loans and other financial services. The company was founded by Thomas A. Edison in 1878 and is headquartered in Boston, MA.

Key Stats and Financials As of 2017
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President, Chief Executive Officer, Chief Financial Officer, Director at MicroSilicon, Inc.

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HitecVision is an active manager which aims to create value by partnering with entrepreneurial managers to build substantial companies. They invest in well-run companies with high growth potential in the energy sector, specializing in technology companies supplying advanced solutions and services to the oil and gas sector, independent oil companies, and traditional oil service businesses.The firm invests in companies in all stages of development, providing growth capital and replacement capital, with a preference for MBOs. They invest in companies in Northern Europe and North America, primarily in Norway, the UK and the US.HitecVision typically takes a controlling stake in high-growth companies with revenues of $50-$300 million, seeking to invest $30-$150 million in businesses with strong management teams, clear and effective incentive systems, unique technologies and/or services, strong positions in the global oil and gas market, significant market potential, clear growth plans and visible and credible exit routes.

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Cubera's private equity investment strategy focuses on advising and investing in the Nordic region and on secondary markets. They invest in the technology sector across a range of areas such as firms providing rapid development software platforms, applications and services for work force planning, IT consultancy services and information solutions, digital security, production technology for micro- and nanoscale metal structures and mobile multimedia.Cubera believes their key competencies are deal creation, fund and manager selection and reporting techniques.

SES SA Appliances & Electronics | Luxembourg, LU

SES SA We are a world-leading satellite operator, providing reliable and secure satellite communications solutions to broadcast, telecom, corporate and government customers worldwide. We own and operate a fleet of 52 geostationary satellites that are complemented by a network of teleports and offices located around the globe. This far-reaching infrastructure enables our customers to reach 99% of the world’s population and places SES at the heart of the global communications chain. We are headquartered in Luxembourg and operate worldwide through dedicated regional teams. We are listed on Euronext Paris and on the Luxembourg Stock Exchange (SESG)

Speedcast International Ltd. Other Business & Consulting Services

SpeedCast International Ltd. engages in the provision of remote communications and IT services worldwide by focusing on creating value for customers through tailored solutions with customer service. The company designs, implements, integrates, operates and maintains communications networks. Its products and services include network service, value added services, equipment sales, wholesale VOIP, professional services, and system integration. The company was founded on July 14, 2014 and is headquartered in Hong Kong.

Panasonic Corp. Appliances & Electronics - Kadoma, OS

Panasonic Corp. engages in the development, manufacture, and sale of electrical products. It operates through the following segments: Appliances, Eco Solutions, Connected Solutions Company, Automotive and Industrial Systems, and Others. The Appliances segment develops and manufactures white goods such as vacuum cleaner, washing machine, refrigerator, and air conditioner; as well as health and beauty products. The Eco Solutions segment handles development, manufacture and sale of lighting fixtures and electric lamps including LED lighting, solar photovoltaic systems, wiring devices, interior furnishing materials, water-related products, ventilation and air-conditioning equipment, air purifiers, and others. The Connected Solutions segment offers system integration, installation, support, and maintenance services for aviation, manufacturing, entertainment, retail, and logistics. The Automotive and Industrial System segment develops, manufactures, sells and provide services for car-use-multimedia-related equipment, electrical components, lithium-ion batteries, storage batteries, dry batteries, electronic components, electronic materials, automation controls, semiconductors, optical devices, electronic-components-mounting machines, welding equipment, bicycles, and others. The Others segment deal with detached housing, rental apartment housing, land and buildings for sale, home remodeling, imported materials and components, and others. The company was founded by Konosuke Matsushita on March 7, 1918 and is headquartered in Osaka, Japan.

Tampnet AS Holding Companies - Stavanger, RO

Tampnet AS operates offshore communication networks. It develops low latency communication network of fiber backbone cables and radio links, serving both the Norwegian and the United Kingdom sectors. The firm's services include exploration rigs and gas platforms. It also offers fibre optics, offshore 4G lite and international carrier solutions. The company was founded in 2001 and is headquartered in Stavanger, Norway.