Vizada Americas News

Astrium Completes Acquisition of Vizada

Astrium completes the  acquisition of Vizada after receiving the necessary regulatory approvals. Vizada is a leading independent provider of global satellite communications services and will be integrated into Astrium Services. This acquisition represents a total consideration of € 673 million and contributes to EADS' strategic Vision 2020. “We are happy to welcome Vizada into the EADS Group, which concludes a successful year for us in terms of acquisitions”, said Marwan Lahoud, Head of EADS Corporate Strategy and Marketing Organisation. According to Eric Béranger, CEO of Astrium Services: “Combining the skills and capabilities of everyone in Vizada and Astrium Services creates a world leading provider of satellite services.