Calian Group has acquired Tallysman Wireless, a manufacturer of precision Global Navigation Satellite Systems (GNSS) antennas, and related components.The definitive agreement is valued at up $24.5 million. Amount paid on closing is $15.7 million (net of cash received) and contains two earnout periods of $4M and $4.8M based on the achievement of a certain level of EBITDA performance over the next 30 months. Tallysman’s results will be consolidated and reported with Calian’s Advance Technology segment.
Europe, Middle East and Africa Markets
For all of history, water has been the stuff of life, flowing in rivers nearby or drawn up from the hidden streams that flow underground.
oday, the place we call home is part of an online world, and the water of the digital age is the internet, bringing knowledge, entertainment, commerce and connection.
Applied Composites Holdings announced today that it has acquired Alliance Spacesystems, a leading, vertically integrated provider of high-performance composite structures and assemblies for the commercial, civil and government satellite market.
Terms of the transaction were not disclosed.
This marks the fifth acquisition of the Applied Composites platform created by AE Industrial Partners, LP (AEI), a private equity firm specializing in Aerospace, Defense & Government Services, Power Generation, and Specialty Industrial markets.
Astroscale UK today announced the appointment of Sharon Parker-Lines as UK Operations Director effective 1eptember 1, 2020. Parker-Lines joins Astroscale with more than 20 years of experience in operations, specialising in human resources, finance, production, commercial, and strategic planning.
AMERGINT Technologies Holdings (ATH) today announced it has completed the acquisition of Raytheon Technologies’ electro-optics technology business headquartered in Danbury, Connecticut, which will be renamed Danbury Mission Technologies (Danbury). Previously a division of Raytheon Technologies’ Collins Aerospace Systems unit, Danbury is a leading technology provider of electro-optical systems for national security space missions and defense survivability needs.
A new study from Juniper Research has found that the number of vehicles with embedded connectivity will reach 200 million globally by 2025; rising from 110 million in 2020. One of the main beneficiaries of this growth will be mobile operators. The incorporation of eSIMs (embedded SIM) into the vehicle will enable operators to leverage their existing network infrastructure to claim $3 billion of additional service revenue by 2025, by acting as an M2M (Machine-to-Machine) connectivity provider.
Encompass Digital Media, a global technology services company that delivers end-to-end video solutions to television networks, broadcasters, sports leagues and OTT service providers, appoints Jaz Wray to Sales Director covering Western USA and Canada. He brings more than 20 years combined experience in broadcast, media & entertainment and wireless telecom industries.
Cobham Advanced Electronic Solutions (CAES), aprovider of mission critical electronic solutions, announces the appointment of Mike Kahn as Chief Executive Officer (CEO) effective September 1, 2020. Kahn takes over from Shawn Black, who is leaving the business to pursue other opportunities.
Despite being in bankruptcy proceedings, Intelsat (OTC: INTEQ), today announced that it has entered into a definitive agreement to acquire the commercial aviation business of Gogo (NASDAQ: GOGO), the largest global provider of in-flight broadband connectivity, for US$ 400 million in cash, subject to customary adjustments.
