IoT News | Viasat and Inmarsat to Combine, Creating a New Leading Global Communications Innovator

IoT News | Viasat and Inmarsat to Combine, Creating a New Leading Global Communications Innovator

Viasat and Inmarsat to Combine, Creating a New Leading Global Communications Innovator

IoT News | Viasat and Inmarsat to Combine, Creating a New Leading Global Communications Innovator
Highlights:

  • Accelerates Availability and Customer Choice for Broadband and IoT Services in Highly Competitive, Fragmented Global Markets
  • Complementary Resources and Assets Create New Opportunities for Enhanced Growth and Innovation in Multi-band, Multi-orbit, Hybrid Space and Terrestrial Networks
  • Increased Financial Strength and Resiliency Expected to Provide a Solid Foundation for Innovation and Capital Investment with Enhanced Free Cash Flow

Viasat Inc., a global communications company, and Inmarsat, a leading provider of global mobile satellite communications services, today announced they have entered into a definitive agreement under which Viasat will acquire Inmarsat in a transaction valued at $7.3 billion.

The transaction comprised of $850.0 million in cash, approximately 46.36 million shares of Viasat common stock valued at $3.1 billion…

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