M&A Deal Summary

SageNet of Tulsa Acquires Spacenet

On August 19, 2013, SageNet of Tulsa acquired information technology company Spacenet from Gilat Satellite Networks for 16M USD

Acquisition Highlights
  • This is SageNet of Tulsa’s 1st transaction in the Information Technology sector.
  • This is SageNet of Tulsa’s largest (disclosed) transaction.
  • This is SageNet of Tulsa’s 1st transaction in the United States.
  • This is SageNet of Tulsa’s 1st transaction in Oklahoma.

M&A Deal Summary

Date 2013-08-19
Target Spacenet
Sector Information Technology
Buyer(s) SageNet of Tulsa
Sellers(s) Gilat Satellite Networks
Deal Type Divestiture
Deal Value 16M USD

Target

Spacenet

Tulsa, Oklahoma, United States
Spacenet, Inc. is a provider of IT managed services in North America to the business and government segments.

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Buyer(S) 1

Buyer

SageNet of Tulsa

Tulsa, Oklahoma, United States

Category Company
Founded 1981
Sector Information Technology
DESCRIPTION

SageNet of Tulsa LLC is a technology solutions provider specializing in mission-critical business solutions and managed services.


DEAL STATS #
Overall 1 of 3
Sector (Information Technology) 1 of 2
Type (Divestiture) 1 of 1
State (Oklahoma) 1 of 1
Country (United States) 1 of 3
Year (2013) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-23 Aware Software

Atlanta, Georgia, United States

Aware Software is a provider of a managed wireless infrastructure solutions, security and support across the hospitality, retail, restaurant, grocery, enterprise, healthcare and education industries. Aware Software was founded in 2003 and is based in Atlanta, Georgia.

Buy -

Seller(S) 1

SELLER

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 1
Sector (Information Technology) 1 of 1
Type (Divestiture) 1 of 1
State (Oklahoma) 1 of 1
Country (United States) 1 of 1
Year (2013) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS 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
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-16 DataPath

Duluth, Georgia, United States

DataPath is a designer, integrates, manages and deploys satellite communication systems for military and commercial customers. Solutions include multi-band SATCOM terminals, network control software to manage and control communication networks, and global field support services. DataPath was established in 1982 and is based in Duluth, Georgia.

Buy -