financetom
Business
financetom
/
Business
/
ViaSat Sells Energy Services System Integration Business to MAG Capital
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
ViaSat Sells Energy Services System Integration Business to MAG Capital
Dec 18, 2024 2:43 PM

05:28 PM EST, 12/18/2024 (MT Newswires) -- ViaSat ( VSAT ) said Wednesday it completed the sale of Energy Services System Integration business to private investment firm MAG Capital Partners.

Financial terms were not disclosed.

The company said about 80 employees currently working with the business will move to Nessco, the new company, and the sale includes its System Integration facility in Aberdeen, Scotland.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
--Meta Platforms to Invest up to $65 Billion in Capital Expenditure This Year, Zuckerberg Says
--Meta Platforms to Invest up to $65 Billion in Capital Expenditure This Year, Zuckerberg Says
Jan 24, 2025
09:32 AM EST, 01/24/2025 (MT Newswires) -- Price: 637.76, Change: +1.31, Percent Change: +0.21 ...
Market Chatter: Rivian Says Other Carmakers Interested in Tech From VW Joint Venture
Market Chatter: Rivian Says Other Carmakers Interested in Tech From VW Joint Venture
Jan 24, 2025
09:28 AM EST, 01/24/2025 (MT Newswires) -- Rivian Automotive's ( RIVN ) joint venture with Volkswagen is in conversations with other carmakers about providing their software and electrical infrastructure, Reuters reported Friday. I'd say that many other [original equipment manufacturers] are knocking on our door, Reuters quoting Rivian's chief software officer, Wassym Bensaid, as saying in an interview. Bensaid, who...
Blackstone Energy Transition Partners to Buy Potomac Energy Center Power Plant for Undisclosed Sum
Blackstone Energy Transition Partners to Buy Potomac Energy Center Power Plant for Undisclosed Sum
Jan 24, 2025
09:24 AM EST, 01/24/2025 (MT Newswires) -- Blackstone (BX) said Friday that Blackstone Energy Transition Partners agreed to acquire Potomac Energy Center for an undisclosed sum. Potomac Energy Center is a 774-megawatt natural gas power plant in Loudoun County, Virginia, the company said. ...
Trump administration reviewing US automatic emergency braking rule
Trump administration reviewing US automatic emergency braking rule
Jan 24, 2025
WASHINGTON, Jan 24 (Reuters) - A U.S. auto safety agency said Friday it is reconsidering a landmark rule from the administration of former President Joe Biden requiring nearly all new cars and trucks by 2029 to have advanced automatic emergency braking systems. The National Highway Traffic Safety Administration said it would delay the effective date to March 20 to give...
Copyright 2023-2026 - www.financetom.com All Rights Reserved