M&A Deal Summary

Thales Acquires LiveTV

On June 10, 2014, Thales acquired electrical equipment company LiveTV from JetBlue for 400M USD

Acquisition Highlights
  • This is Thales’ 2nd transaction in the Electrical Equipment sector.
  • This is Thales’ 2nd largest (disclosed) transaction.
  • This is Thales’ 4th transaction in the United States.
  • This is Thales’ 1st transaction in Florida.

M&A Deal Summary

Date 2014-06-10
Target LiveTV
Sector Electrical Equipment
Buyer(s) Thales
Sellers(s) JetBlue
Deal Type Add-on Acquisition
Deal Value 400M USD

Target

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.

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Buyer(S) 1

Buyer

Thales

Meudon, France

Category Company
Founded 1893
Sector Safety/Security
Employees76,299
Revenue 18.4B EUR (2023)
DESCRIPTION
Entrance to a Thales facility in Irvine, California.
Entrance to a Thales facility in Irvine, California.

Thales is a provider of integrated solutions and equipment of security systems primarily to the aerospace and defense markets. Thales was founded in 1893 and is based in Meudon, France.


DEAL STATS #
Overall 9 of 21
Sector (Electrical Equipment) 2 of 3
Type (Add-on Acquisition) 5 of 13
State (Florida) 1 of 1
Country (United States) 4 of 6
Year (2014) 2 of 3
Size (of disclosed) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-09 Cohort - Systems Engineering & Assessment Limited

United States

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-08-05 Amper Programas De Electronica Y Comunicaciones S.A.

Getafe, Spain

Amper Programas De Electronica Y Comunicaciones, S.A. is a provider of electrical equipments for communication for defense and military sector.

Buy -

Seller(S) 1

SELLER

JetBlue

Long Island City, New York, United States

Category Company
Founded 1998
Sector Airlines
Employees24,000
Revenue 9.6B USD (2023)
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 STATS #
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 (2014) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-09-09 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.

Buy $41M