M&A Deal Summary

EchoStar Acquires Helios Wire

On October 25, 2019, EchoStar acquired communications company Helios Wire

Acquisition Highlights
  • This is EchoStar’s 3rd transaction in the Communications sector.
  • This is EchoStar’s 1st transaction in Canada.
  • This is EchoStar’s 1st transaction in British Columbia.

M&A Deal Summary
Date 2019-10-25
Target Helios Wire
Sector Communications
Buyer(s) EchoStar
Deal Type Add-on Acquisition

Target

Helios Wire

Vancouver, British Columbia, Canada
website
Helios Wire Corp. is a satellite-enabled IoT connectivity company. Helios Wire’s IoT-blockchain system is built on a space-based infrastructure delivering two-way global connectivity using 30 MHz of priority mobile satellite system (MSS), S-band spectrum.

Search 193,103 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

EchoStar

Englewood, Colorado, United States

website

Category Company
Founded 2007
Sector Communications
Revenue 2.0B USD (2022)
DESCRIPTION
Entrance to EchoStar's corporate headquarters in Englewood, Colorado.
Entrance to EchoStar's corporate headquarters in Englewood, Colorado.

EchoStar is a provider of satellite operations and video delivery solutions. Its wholly-owned subsidiary, Hughes, provides satellite broadband services, delivers network technologies and manages services for enterprise and government customers for customers around world. EchoStar was founded in 2007 and is based in Englewood, Colorado.

DEAL STATS #
Overall 5 of 5
Sector (Communications) 3 of 3
Type (Add-on Acquisition) 5 of 5
State (British Columbia) 1 of 1
Country (Canada) 1 of 1
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-20 EchoStar - BSS Business

Englewood, Colorado, United States

EchoStar Corp. - BSS Business comprises Broadcast Satellite Service (BSS) Business, including nine direct broadcast satellites and the certain key employees responsible for satellite operations, licensing for the 61.5-degree orbital slot, and select real estate properties

Sell $800M
Mergr

Product

Company

Legal