Viasat Acquisition of Inmarsat Proceeds to Close
Viasat Inc., (NASDAQ: VSAT), a global communications company, and Inmarsat, a leading provider of global mobile satellite communications services, today announced that the European Commission (EC) unconditionally approved Viasat’s acquisition of Inmarsat.
This follows the recent U.K. Competition & Markets Authority’s clearance on May 9, 2023, and that of the U.S. Federal Communications Commission on May 19, 2023.
The two companies will now work to expedite completion of the transaction, which is expected to close by the end of this month.