Tag: M&A
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Calian Acquires Galaxy Broadband for Up to C$52M
Is Calian’s C$52M Galaxy Broadband Deal a Smart Bet on Canada’s SATCOM Services Market? Calian Group is spending up to C$52 million (approximately US$36.6 million) to acquire Galaxy Broadband Communications, a Canadian provider of satellite communications and remote connectivity solutions — making it one of the more consequential consolidation moves in the Canadian SATCOM services…
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Northrop Grumman completes Orbital ATK acquisition
File photo of an Antares rocket carrying a Cygnus spacecraft, developed by Orbital ATK to haul cargo to the International Space Station. Photo credit: Northrop Grumman Northrop Grumman concluded its purchase of Orbital ATK on Wednesday, with the absorption of launch vehicle developer, satellite manufacturer, and munitions supplier as a new business unit named Northrop…
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Northrop Grumman to purchase Orbital ATK for $9.2 billion
An Orbital ATK Antares rocket readies for launch to the International Space Station in this October 2016 file photo. Credit: Orbital ATK Northrop Grumman announced Monday plans to acquire Orbital ATK, a company with a portfolio ranging from satellite manufacturing and orbital servicing to launch vehicles, missile defense and munitions, for approximately $9.2 billion, a…
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Verizon acquires Portland startup Skyward, a maker of drone management software
Skyward photo Verizon is bolstering its efforts in drones with the acquisition of Skyward, a Portland-based startup whose software helps commercial drone operators in industries such as construction and film production more efficiently track, connect and manage drones. This includes the management of digital logbooks, pilot credentials and real-time air charts. Terms of the deal…