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Stock Market & Financial Investment News

News Breaks
June 9, 2014
13:14 EDTVSATViaSat extends WiFi capabilities with NetNearU acquisition
ViaSat expanded its ability to deliver high-speed satellite services and Internet access with the acquisition of privately-held NetNearU. NetNearU has developed a comprehensive network management system for Wi-Fi and other Internet access networks that can extend ViaSat Exede services to a growing base of subscribers for multiple markets, including commercial airlines, live events, hospitality, enterprise networking and government broadband projects. Operating as a wholly-owned subsidiary, NetNearU will retain its Bryan/College Station, Texas location, also establishing a ViaSat presence in Texas. The transaction is expected to be accretive to ViaSat non-GAAP pro forma earnings for FY15. However, ViaSat has not completed its valuation analysis and, accordingly, has not determined the impact to GAAP earnings.
News For VSAT From The Last 14 Days
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July 29, 2014
12:08 EDTVSATBoeing resells Inmarsat-5 satellite bandwidth to U.S. Government
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July 28, 2014
08:02 EDTVSATViaSat acquires assets of Gray Labs
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