Why Viasat, Why Inmarsat, Why Now with Mark Dankberg, Co-Founder and Executive Chairman of Viasat, Inc. (NASDAQ: VSAT)
Our returning guest on the show today is Mark Dankberg, the co-founder and Executive Chairman of Viasat. Viasat is a 3.1 billion dollar market cap company that provides broadband and communication products and services worldwide. Viasat started off a defense-oriented company but has since layered on consumer and business-facing offerings by developing the world’s leading high throughput geostationary satellites.
Subsequent to our first interview with Mark, Viasat announced its intent to merge with Inmarsat, a UK-based company that provides mobile satellite communications services on land, at sea, and in the air worldwide. Without question, the size and the timing of the deal was a surprise to many of the people in the industry, especially because Viasat was in the middle of preparing to launch 3 new satellites over a short period of time. Given all of that, I was very curious to hear from Mark:
- Why Viasat decided to acquire Inmarsat versus other potential targets;
- Why Viasat is the right owner of Inmarsat versus other potential buyers;
- Why do the deal now versus waiting until the 3 new satellites had been launched;
- How Inmarsat fits into Viasat’s hybrid network philosophy; and
- How Viasat plans to integrate Inmarsat employees culturally.
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