Tag: Mergers & Acquisitions
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ReliaSat Withdraws from the Acquisition of Arralis Technologies
ReliaSat, a world-leading expert in RF, micro and millimeter wave technology, has withdrawn from the process of acquiring Arralis Technologies Limited. Effective terms could not be agreed and there is no possibility of renegotiation in the future. Both companies have decided to go their own way. ReliaSat operates in the United Kingdom and has a…
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Eutelsat and OneWeb Merge to boost Satellite Connectivity
Eutelsat Communications and OneWeb’s key shareholders have signed a Memorandum of Understanding with the objective of creating a leading global player in Connectivity through the combination of both companies in an all-share transaction. Eutelsat will combine its 36-strong fleet of GEO satellites with OneWeb’s constellation of 648 Low Earth Orbit satellites, of which 428 are…