Announced
Completed
Financials
Tags
Friendly
Majority
IT Services: Other
Acquisition
networking solutions
Public
Domestic
Single Bidder
United States
Private Equity
Completed
Synopsis
Viasat, an American communications company, completed the acquisition of RigNet, a provider of ultra-secure, intelligent networking solutions and specialized applications, from KKR for $222m. "RigNet will bring extensive sector expertise, an established customer base and a global communications delivery infrastructure to help further accelerate Viasat's ability to provide high-quality, ubiquitous, affordable broadband connectivity and communications to the hardest-to-reach locations around the globe. With the close of this transaction, we look forward to integrating RigNet and its global team into the Viasat family," Rick Baldridge, Viasat President and CEO.
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