[Satellite TODAY 08-24-10] Gilat Satellite Networks will receive $24 million in cash for its stake in health information provider Axolotl, which is being acquired by health information technology company Ingenix, Gilat announced.
In 1999, Gilat invested about $4.5 million in Axolotl and wrote off the investment during the global economic downturn in 2001.
The Israeli company said it may also receive an additional $3 million in one year under the terms of the Axolotl sale.
Gilat Satellite Sells Health Information Investment for $24 Million
Finland’s Voimatel to Integrate Eutelsat LEO for Arctic Communications
Finnish communications company Voimatel will integrate Eutelsat’s Low-Earth Orbit (LEO) connectivity into its offerings to strengthen coverage in the Arctic region. Voimatel designs and operates fixed and wireless communication networks for […]
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Government/MilitaryViasat Secures PTS-G U.S. Space Force SSC Swarm 1 Contract
