Internet service provider
In 2013, the Swedish investment company East Capital Explorer bought 51% of Starman's shares from the company's founders.
In 2015 Starman bought the Lithuanian telecommunications company Cgates, with funds from the majority shareholder East Capital Explorer, but the Lithuanian branch was again separated in a later acquisition.
In March 2016, East Capital Explorer intended to sell its 63% share to American investment firm Providence Equity Partners for €81 million, but Starman's minority shareholder Polaris Invest (owned by founder Indrek Kuivallik) used their pre-emptive rights to make the purchase instead. In December 2016, Starman Estonia was wholly acquired by Finnish telecommunications company Elisa for €151 million; this deal did not include the Lithuanian branch.
- "Finland's Elisa acquires Estonia's Starman". Digital TV Europe. 14 December 2016.
- "Finnish telecom Elisa buys full holding in Starman Estonia". ERR. 13 December 2016.
- "CNBC launches on Starman in Estonia", CNBC, July 10, 2014.
- "Starman and Nokia to Deploy First Nationwide 10-Gigabit Residential Network in Europe", Fiber Optics Weekly Update, June 10, 2016 – via HighBeam Research (subscription required).
- "Starmani asutaja ostab senise suurosaniku välja". Äripäev (in Estonian). 10 May 2016.
- "Ootamatult lahkus Starmani asutaja Peeter Kern". Äripäev (in Estonian). 11 March 2014.
- Inselberg, Kadri (12 March 2014). "Suri Starmani asutaja ja juht Peeter Kern". Postimees (in Estonian).
- "East Capital Explorer buys majority stake in Starman". Postimees. 3 May 2013.
- "East Capital Unveils Acquisition of Cgates in Lithuania", SeeNews Nordic, December 22, 2014.
- "Swedes sell Starman to Americans", Postimees, March 15, 2016.
- Dziadul, Chris (14 December 2016). "Finland's Elisa to buy Starman". Broadband TV News.
- "Kuivalliku Polaris sai õiguse osta Starman". Postimees (in Estonian).
- Reisenbuk, Karel (12 December 2016). "Elisa ostab Kuivallikult Starmani". Postimees (in Estonian).
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