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Viasat Acquires Horsebridge Defence And Security - Quick Facts

Viasat Inc. (VSAT) announced it acquired Horsebridge Defence and Security, a UK-based company focused on design, system integration and support of deployable secure networks. Viasat said the acquisition enables the Viasat UK group to continue to grow its business in the UK defence market by delivering mission-critical ground-based communication networks and services.

Viasat said the transaction is not expected to materially affect its non-GAAP (pro forma) earnings for fiscal 2019. The Horsebridge Defence and Security team will be integrated into Viasat's Farnborough, UK-based organization.

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