M&A Deal Summary

Gilat Satellite Networks Acquires Raysat Antenna Systems

On March 17, 2010, Gilat Satellite Networks acquired technology hardware company Raysat Antenna Systems for 25M USD

Acquisition Highlights
  • This is Gilat Satellite Networks’ 1st transaction in the Technology Hardware sector.
  • This is Gilat Satellite Networks’ 3rd largest (disclosed) transaction.
  • This is Gilat Satellite Networks’ 1st transaction in the United States.
  • This is Gilat Satellite Networks’ 1st transaction in Vermont.

M&A Deal Summary

Date 2010-03-17
Target Raysat Antenna Systems
Sector Technology Hardware
Buyer(s) Gilat Satellite Networks
Deal Type Add-on Acquisition
Deal Value 25M USD

Target

Raysat Antenna Systems

Vienna, Vermont, United States
Raysat Antenna Systems LLC is a privately held US company that specializes in the development, marketing, sales and support of in-motion, low-profile, 2-way satellite antenna systems. RAS's antennas are specifically designed for the needs of Satcom-On-The-Move (SOTM), military mobile communications, homeland security (HLS), search & rescue, governmental organizations, DSNG, trains, asset tracking, research & exploratory and general mobile satellite data communications.

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Buyer(S) 1

Buyer

Gilat Satellite Networks

Petah Tikva, Israel

Category Company
Founded 1987
Sector Technology Hardware
Employees936
Revenue 926M USD (2019)
DESCRIPTION

Gilat Satellite Networks Ltd. designs and manufactures cutting-edge ground segment equipment, and provides comprehensive solutions and end-to-end services, powered by Gilat’s innovative technology. Delivering high-value competitive solutions, Gilat’s portfolio comprises of a cloud-based VSAT network platform, high-speed modems, high-performance on-the-move antennas and high efficiency, high power Solid State Amplifiers (SSPA) and Block Upconverters (BUC).


DEAL STATS #
Overall 1 of 4
Sector (Technology Hardware) 1 of 3
Type (Add-on Acquisition) 1 of 4
State (Vermont) 1 of 1
Country (United States) 1 of 4
Year (2010) 1 of 2
Size (of disclosed) 3 of 3
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-11-29 Wavestream

San Dimas, California, United States

Wavestream Corp. is a provider of high power solid state amplifiers.

Buy $130M