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
- Viasat 8-K: Viasat to acquire RigNet sec.gov · 21 Dec 2020
- 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.