L-3 Spends 175M/USD For NG’s EOS Biz
L-3 Communications has entered into an agreement to acquire Northrop Grumman's Electro-Optical Systems (EOS) business for $175 million in cash
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Financially Speaking… SES…
It may well be that the hoped-for acquisition of Spacecom by SES may not come to fruition.
Read MoreAcquisition Mode… COM DEV USA…
The Passive Microwave Devices product line of L-3 Communications Electron Technologies Inc. (ETI-PMD) has been acquired by COM DEV USA LLC, a sub of COM DEV International Limited [TSX:CDV] for $12.2 million.
Read MoreFinancially Speaking… Serafina Holdings To Become Intelsat Global, Ltd.
Intelsat, Ltd. has announced the successful closing of the acquisition of all of the primary equity ownership of its parent, Intelsat Holdings, Ltd. by Serafina Holdings, Limited, an entity formed by funds advised by BC Partners, Silver Lake and certain other equity investors.
Read MoreFinancially Speaking… Mobile Satellite Ventures
Mobile Satellite Ventures ("MSV") and SkyTerra Communications, Inc. ("SkyTerra") announced today that they have entered into a definitive agreement wherein they plan to sell to Harbinger Capital Partners Master Fund I, Ltd, and Harbinger Capital Partners Special Situations Fund, LP (together, “Harbinger”), $150 million of MSV's Senior Unsecured Notes due 2013 (“Notes”) and Warrants.
Read MoreParcelling Out The ProtoStar I Goodies
A 14 percent stake of ProtoStar satellite is going to cost Indian company Subhash Chandra-promo'd Agrani Satellite some $64 million, with the acquiring company obtaining all 14 Ku-band transponders of the satellite.
Read MoreAcquisition Is Finally An Acquired Taste for CIP Canada
Stratos Global Corporation [TSX:SGB] announced CIP Canada Investment, Inc. has acquired beneficial ownership of all of the issued and outstanding common shares of Stratos through a Plan of Arrangement under the Canada Business Corporations Act, for a cash purchase price of C$7.00 per share.
Read MoreNewbie With Newtec
Tellitec has now become a fully integrated subsidiary of the Newtec Group. Offering an extensive range of IP software solutions, Tellitec's and Newtec's announcement cements the already existing relationship between the two companies.
Read MoreMDA Grabs Advanced Tech Solutions Company
A strategic expansion of MacDonald, Dettwiler and Associates Ltd. [TSX:MDA] Information Systems business in the United States will occur as the company has entered into an agreement to acquire Alliance Space Systems, LLC, located in Pasadena, California.
Read MoreAndrew Corporation Moving Out Sat Biz
Andrew Corporation has reached agreement for the sale of their Satellite Communications business to Resilience Capital Partners, a Cleveland, Ohio-based private equity firm. Under the agreement, Andrew will receive up to $39 million in total potential cash consideration as well as an ownership stake in the new satellite communications company Resilience will establish with the acquired Andrew assets.
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