Nice divesture but no details on sale price.
https://www.prnewswire.com/news-releases/viasat-completes-sale-of-energy-services-systems-integration-business-302335522.html
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I doubt they got much for SI as there is. It much of recurring revenue, mostly project work and they have been struggling for years.
Now they're laying off a whole business line. Bet those folks are glad to be leaving!
Since viasat is a publicly traded company, they have to release a Form 8-K for any material news. If there’s no 8-K then the deal is very likely inconsequential.
Intelie should go the same way…a complete non-core distraction that offers less than a set of AWS services. Whoever in LV thought this was a good idea should go with it
Not much, it was a small part of the rignet side. More of a distraction. The entire rignet deal was something over $200million.
$100-$200 million
probably like 3 schmeckles.
A drop in the bucket can rehydrate the fallen runner so he can survive the race lol.