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M&A · Completed · 30 Apr 2021

Viasat acquisition of RigNet

Viasat bought RigNet, a provider of connectivity to energy and maritime customers.

Company
RigNet
Type
M&A
Status
Completed
Date
30 Apr 2021
Value
US$222m
Value basis
About US$222m all-stock (equity value at announcement)
Region
US
Segment
Satellite operators

Parties

  • Viasat buyer
  • RigNet shareholders seller

Key terms

Structure
All stock

Sources

  1. Viasat 8-K: Viasat to acquire RigNet sec.gov · 21 Dec 2020
  2. Viasat 8-K: Viasat completes acquisition of RigNet sec.gov · 30 Apr 2021

Record ORB-INV-2021-0007. Investments are kept apart from the financings register and never counted in debt totals.

Randeep Bubbra
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