ViaSat Buys WildBlue Communications
Dec 16, 2009 (FinancialWire via COMTEX) --
Company: ViaSat, Inc. (VSAT)
(Comment on this article at http://www.financialwire.net/2009/12/16/viasat-buys-wildblue-communications/)
December 16, 2009 (FinancialWire) -- ViaSat Inc. (NASDAQ: VSAT), a producer of satellite and other wireless communication systems, has completed its acquisition of privately-held WildBlue Communications Inc., a Ka-band satellite broadband service provider.
According to ViaSat, the combination of ViaSat and WildBlue sets the stage for accelerated growth and expansion of the WildBlue broadband service using ViaSat next generation network technology, which includes the high-capacity ViaSat-1 satellite scheduled to launch in early 2011.
California-based ViaSat provides networking products and managed network services for enterprise IP applications, is a supplier of network-centric military communications and encryption technologies and products to the U.S. government and is a technology partner for gateway and customer-premises equipment for consumer and mobile satellite broadband services.
The company also offers design capabilities and a number of complementary products including monolithic microwave integrated circuits and modules, DVB-S2 satellite communication components, video data link systems, data acceleration and compression, and mobile satellite antenna systems.
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Company: ViaSat, Inc. (VSAT)
Related terms: acquisition, bandwidth, california, communications, consumer, expansion, government, military, nasdaq, networking, products, satellite, technology, video, web, wireless
