Add-on Acquisition • Electrical Equipment

JetBlue Acquires LiveTV

On September 9, 2002, JetBlue acquired electrical equipment company LiveTV for 41M USD

Acquisition Context
  • This is JetBlue’s 1st transaction in the Electrical Equipment sector.
  • This is JetBlue’s largest (disclosed) transaction.
  • This is JetBlue’s 1st transaction in the United States.
  • This is JetBlue’s 1st transaction in Florida.
Investment Fate
  • LiveTV was sold to a publicly-traded strategic buyer in 2014 for 400M USD.

Explore All 1521 Add-on Acquisition Electrical Equipment Deals - Search the Database Free


M&A Deal Summary

Date September 9, 2002
Target LiveTV
Sector Electrical Equipment
Buyer(s) JetBlue
Deal Type Add-on Acquisition
Deal Value 41M USD

Target Company

LiveTV

Melbourne, Florida, United States
LiveTV LLC a provider of live in-flight entertainment and connectivity systems for commercial airlines. LiveTV has grown to include installation and maintenance locations around the world to support the more than 600 aircraft equipped with its products. For more than a decade, passengers have been enjoying these products while traveling with our customers, a list that includes industry leaders like JetBlue, United, Frontier, Alitalia, Virgin Australia, WestJet, and Azul.
Explore More Deals

Browse All 215,130 Deals

FILTER BY

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

Search Free

Buyer Overview 1

Buyer

JetBlue

Long Island City, New York, United States

Category Company
Founded 1998
Sector Airlines
Employees23,000
Revenue 9.3B USD (2024)
DESCRIPTION
JetBlue aircraft in Fort Lauderdale, Florida.
JetBlue aircraft in Fort Lauderdale, Florida.

JetBlue is a low-fare, low-cost passenger airline serving US business and leisure travelers. JetBlue Airways was formed in 1998 and is based in Long Island City, New York.


Deal Context for Buyer #
Overall 1 of 1
Sector: Electrical Equipment 1 of 1
Type: Add-on Acquisition 1 of 1
State: Florida 1 of 1
Country: United States 1 of 1
Year: 2002 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-10 LiveTV

Melbourne, Florida, United States

LiveTV LLC a provider of live in-flight entertainment and connectivity systems for commercial airlines. LiveTV has grown to include installation and maintenance locations around the world to support the more than 600 aircraft equipped with its products. For more than a decade, passengers have been enjoying these products while traveling with our customers, a list that includes industry leaders like JetBlue, United, Frontier, Alitalia, Virgin Australia, WestJet, and Azul.

Sell $400M