M&A Deal Summary

Hughes Communications Acquires Helius

On February 4, 2008, Hughes Communications acquired communications company Helius

Acquisition Highlights
  • This is Hughes Communications’ 1st transaction in the Communications sector.
  • This is Hughes Communications’ 1st transaction in the United States.
  • This is Hughes Communications’ 1st transaction in Utah.

M&A Deal Summary
Date 2008-02-04
Target Helius
Sector Communications
Buyer(s) Hughes Communications
Deal Type Add-on Acquisition

Target

Helius

Lindon, Utah, United States
Helius LLC is a developer of an Internet protocol (IP) broadcasting and training solutions for businesses.

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Buyer(S) 1

Buyer

Hughes Communications

Germantown, Maryland, United States
Category Company
Founded 2005
Sector Communications
Employees2,254
DESCRIPTION

Hughes Communications, Inc. is a provider of broadband satellite networks and services for enterprises, governments, small businesses, and consumers. HughesNet encompasses all broadband solutions and managed services from Hughes.

DEAL STATS #
Overall 1 of 1
Sector (Communications) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Utah) 1 of 1
Country (United States) 1 of 1
Year (2008) 1 of 1
Mergr

Product

Company

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