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ViaSat adds customers, solutions with Arconics acquisition

Published 11/14/2016, 09:36 AM
ViaSat adds customers, solutions with Arconics acquisition
VSAT
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  • In-flight connectivity provider ViaSat (VSAT +0.2%) has acquired Arconics and its connected aircraft software platform.
  • That comes via the Arconics App Suite, a system that incorporates In-Flight Entertainment as well as management solutions including Electronic Flight Bag, Airline Document Management and Cabin Management.
  • The acquisition brings a complementary set of customers as well, including Qatar Airways, Cathay Pacific, Ryanair, Aer Lingus, Philippine Airlines, Tigerair Australia and SpiceJet.
  • Terms were undisclosed. The deal's not expected to materially affect non-GAAP earnings, but ViaSat hasn't determined the impact to GAAP earnings.

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