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.
“department’sThe Department of War is preparing a sweeping overhaul of its cybersecurity compliance and risk management processes, according to Aaron Bishop,…
DTC is expanding its anti-jamming and spectrum resilience capabilities through the acquisition of Adaptive Dynamics Adaptive Dynamics brings radio frequency…
Dell’s John Griffin says strategic partnerships help agencies accelerate modernization efforts Partnerships help agencies strengthen cybersecurity and adopt AI capabilities…
