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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 MoreTellitec 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 MoreA 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 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.
Read MoreAndrews Space has acquired Automated Controlled Environments, Incorporated (ACEI). The latter firm is a privately held California corporation developing fault-tolerant aerospace avionics and advanced control systems.
Read MoreLoral Space & Communications Inc. [NASDAQ: LORL] has announced the CAD 3.25 billion acquisition of Telesat Canada by Loral and the Public Sector Pension Investment Board (PSP Investments), including the transfer of Loral's fixed satellite services business Loral Skynet, has been completed.
Read MoreAurora Flight Sciences Corporation announced today that it has acquired Payload Systems, Inc. of Cambridge, Massachusetts effective October 26, 2007. Payload Systems was founded in 1984 with a mission to provide science and engineering services for spaceflight and terrestrial applications.
Read MoreThe assets have been acquired of a firm whose products operate in environments where wired are undesirable or impractical.
Read MoreFollowing their acquisition this last spring by GE, Satlynx has moved their headquarters.
Read MoreNovAtel Inc. (NASDAQ:NGPS), a Calgary-based provider of global navigation satellite technology, has struck a friendly deal to be acquired by one of its key customers, Hexagon AB [STO:HEXA.B] of Sweden, for US$50 per share, or US$390 million.
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