Viasat closes $222M RigNet acquisition
A $222 million deal to acquire Houston-based RigNet Inc. has closed, taking the communications company off public markets.
May 3, 2021
RigNet
Internet Service Providers, Website Hosting & Internet-related Services · Texas, United States · 509 Employees
RigNet is a global provider of customized systems and solutions serving customers with complex data networking and operational requirements. RigNet provides solutions ranging from fully-managed voice and data networks to more advanced applications that include video conferencing, crew welfare, asset monitoring and real-time data services. RigNet is based in Houston, Texas and has operations around the globe.Read More
Who is RigNet
Headquarters
15115 Park Row Ste 300, Houston, Texas, 77084, United States
Phone Number
(281) 674-0100
Website
Revenue
$200.6M
Industry
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RigNet Company Metrics
Funding
Funding DateMay 03, 2020
RoundDebt
Amount$5M
InvestorsPPP
Funding DateFeb 24, 2020
RoundDebt
Amount$100M
InvestorsBank of America
Funding DateFeb 24, 2020
RoundDebt
Amount$16M
InvestorsBank of America
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$193.3M
Total Funding Amount
$5M
Most Recent Funding Amount
7
Number of Funding Rounds
Acquisitions & Subsidiaries
Aug 27, 2020
Xantic
May 09, 2018
Cyphre
Jul 20, 2017
eclypt.com
Mar 04, 2017
Euro Broadband
May 03, 2012
EAI Design Services
Apr 21, 2012
LonoCloud
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RigNet News & Media
- May 3, 2021
Viasat Completes Acquisition of RigNet
CARLSBAD, Calif., April 30, 2021 /PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a global communications company, today announced it has completed its previously announced acquisition of RigNet, Inc. (NASDAQ: RNET). RigNet's stockholders approved the transaction on April 21, 2021. "RigNet...Apr 30, 2021Viasat Completes Acquisition of RigNet
/PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a global communications company, today announced it has completed its previously announced acquisition of RigNet,...Apr 30, 2021C-Power Expands Renewable, Autonomous Offshore Power System With RigNet’s Data and Communication Solutions
The C-Power AOPS combined with real-time data and communication capabilities from RigNet will unlock massive innovation and growth in the marine economy. CHARLOTTESVILLE, VIRGINIA, UNITED STATES, March 23, 2021 /EINPresswire.com/ -- Columbia Power …Mar 23, 2021
RigNet Announces Fourth Quarter and Full Year 2020 Earnings Results
HOUSTON, March 15, 2021 /PRNewswire/ -- RigNet, Inc. (NASDAQ: RNET, the "Company"), a leading provider of ultra-secure, intelligent networking solutions and specialized applications, announced its results for the quarter ended December 31, 2020. Full year 2020 revenue of $207.9 million,...Mar 15, 2021
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Frequently Asked Questions regarding RigNet
RigNet is a global provider of customized systems and solutions serving customers with complex data networking and operational requirements. RigNet provides solutions ranging from fully-managed voice and data networks to more advanced applications that include video conferencing, crew welfare, asset monitoring and real-time data services. RigNet is... Read More
