Scotland

Aberdeen telecoms specialist NESSCO bought by US company

Oil rig in North Sea
Image caption RigNet could end up paying £31m for NESSCO

Aberdeen Oil and Gas telecoms firm NESSCO has been bought out by a US company.

RigNet of Houston has paid £29.5m for the firm, including its headquarters at Westhill, but the price could eventually rise to more than £31m.

NESSCO, which specialises in telecommunications for the oil and gas industry, employs 120 people around the UK.

RigNet said it did not anticipate any job losses as a result of the takeover.