{"id":118395,"date":"2009-12-24T12:36:49","date_gmt":"2009-12-24T17:36:49","guid":{"rendered":"http:\/\/www.xconomy.com\/?p=56804"},"modified":"2009-12-24T12:36:49","modified_gmt":"2009-12-24T17:36:49","slug":"viasat-sells-shares-as-part-of-wildblue-deal","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/118395","title":{"rendered":"ViaSat Sells Shares as Part of WildBlue Deal"},"content":{"rendered":"\n
funding<\/a>, deals<\/a>, Satellite Communications<\/a><\/div>\n

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\n\t\tBruce V. Bigelow wrote:<\/strong><\/p>\n

ViaSat (NASDAQ: VSAT<\/a>), the Carlsbad, CA-based satellite communications company raised $133 million in equity funding in December, according to a recent filing<\/a> with the Securities and Exchange Commission. ViaSat spokesman Bruce Rowe tells me the company issued about 4.3 million shares for the stock component of the company’s $568 million stock-and-cash purchase of Colorado’s WildBlue Communications, the high-speed Internet service provider. That deal was announced<\/a> in October and closed Dec. 15.<\/p>\n

In an interesting reprise of “meet the new boss, same as the old boss,” ViaSat named senior vice president Tom Moore to head the company’s new WildBlue subsidiary<\/a>. Moore co-founded WildBlue in 1998 and served as the company’s CEO until 2005 and as a director until 2008.<\/p>\n

ViaSat, founded in 1986, specializes in satellite-based communications and other digital communication products. The company has 2,100 employees and reported sales of $628 million in the fiscal year that ended in April. ViaSat CEO Mark Dankberg has said the company’s acquisition of WildBlue, a longtime business partner, is key to helping ViaSat reduce the business risk of its planned satellite venture. ViaSat said last year it planned to build and launch its own $450 million communications satellite to provide high-speed Internet service.<\/p>\n

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funding, deals, Satellite Communications Bruce V. Bigelow wrote: ViaSat (NASDAQ: VSAT), the Carlsbad, CA-based satellite communications company raised $133 million in equity funding in December, according to a recent filing with the Securities and Exchange Commission. ViaSat spokesman Bruce Rowe tells me the company issued about 4.3 million shares for the stock component of the […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-118395","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/118395","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=118395"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/118395\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=118395"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=118395"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=118395"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}