ViaSat Inc. (VSAT) announced that it has acquired privately-held LonoCloud Inc., an early-stage company with expertise in cloud networking software.
ViaSat said it plans to integrate core components of the LonoCloud Platform as a Service product with the ViaSat broadband network. LonoCloud employees will join ViaSat's broadband networking team.
"Adding this core technical capability to our broadband network will both enhance our existing offering as well as shorten development cycles for new service offerings," said Mark Dankberg, ViaSat chairman and CEO. "Further, we're excited to add this talented team to our rapidly-growing broadband group."
For comments and feedback: editorial@rttnews.com