Will Viasat's Non-Core Asset Sale for Core Focus Aid the Stock? [Yahoo! Finance]
ViaSat, Inc. (VSAT)
Last viasat, inc. earnings: 2/6 04:05 pm
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US:NASDAQ Investor Relations:
investors.viasat.com
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Source: Yahoo! Finance
to a U.S.-based private investment firm, MAG Capital Partners, for an undisclosed amount. The move aligns with Viasat's ongoing strategy to actively manage its portfolio by divesting non-core assets and enhance its financial position by focusing on core business growth. VSAT's Strategic Restructuring Viasat acquired the SI business through the purchase of RigNet, Inc., a leading provider of networking solutions and specialized applications, in 2021. The division provides a range of services, including engineering design, procurement services, shop assembly, factory acceptance testing and ongoing support for telecom systems used in critical infrastructure projects. Post-divestiture, approximately 80 employees linked with the business will join the newly formed company, Nessco, highlighting a seamless transition without planned facility closures. This move underscores Viasat's commitment to sharpen its focus on creating innovative global communication solutions that serve diverse
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VSAT
News
- Viasat Completes Sale of Energy Services Systems Integration Business [Yahoo! Finance]Yahoo! Finance
- Viasat Completes Sale of Energy Services Systems Integration BusinessPR Newswire
- Viasat Selected by Defense Innovation Unit to Deliver Resilient Network Orchestration Software for Replicator Autonomous Systems [Yahoo! Finance]Yahoo! Finance
- Viasat Selected by Defense Innovation Unit to Deliver Resilient Network Orchestration Software for Replicator Autonomous SystemsPR Newswire
- Winter's Coming: Take These Steps to Weather Proof Your Internet [CNET News]CNET News
VSAT
Earnings
- 11/6/24 - Beat
VSAT
Sec Filings
- 12/16/24 - Form 4
- 12/12/24 - Form 144
- 11/20/24 - Form 4
- VSAT's page on the SEC website