Author: Jane Edwards|| Date Published: July 19, 2019
A consortium of private equity firms and Canada-based pension funds seeking to acquire Inmarsat agreed to a number of legally binding commitments with the U.K. government to maintain the satellite communications firm™s operations in the U.K., Reuters reported Thursday.
The Connect consortium, which includes Apax Partners, Warburg Pincus, Canada Pension Plan Investment Board and Ontario Teachers™ Pension Plan Board, said it agreed to ensure that strategic decisions for Inmarsat are carried out in the U.K. and network operations centers and engineering expertise will remain in the country.
Inmarsat shareholders approved a $3.4B takeover bid from Connect in May two months after receiving the offer from the consortium.
GreyNoise Intelligence has launched a command-and-control detection capability designed to give federal agencies earlier visibility into compromised infrastructure. GreyNoise’s new…
Textron Aviation Defense has been awarded a five-year, $150 million contract to provide sustaining engineering and program management, or SEPM, services…
Merlin, an aerospace and defense technology company, has appointed former PsiQuantum executive Mark Brunner as chief revenue officer. What Will Mark Brunner Oversee?…
Fortreum has acquired Kovr.AI, an AI-native cybersecurity compliance platform, to combine automated compliance capabilities with independent assessment services for federal…
