MacDonald, Dettwiler and Associates (MDA) announced on Oct. 5 that it has completed its acquisition of DigitalGlobe. MDA Completes Acquisition of DigitalGlobe, Creates Industry Leader in Satellite Systems, Earth Imagery, Geospatial Solutions and Analytics Combined company renamed Maxar Technologies and dual-listed on NYSE and TSX Creates distinctive portfolio of leading advanced space technology brands MacDonald, Dettwiler and Associates Ltd. (MDA) (TSX: MDA) and DigitalGlobe, Inc. (Digital-Globe) (NYSE: DGI) today provided several updates related to the status of the pending acquisition of DigitalGlobe by a wholly owned subsidiary of MDA. Lance will become CEO of Maxar. Image of Muscat, Oman, taken by DigitalGlobeâs GeoEye-1 on 10 October 2014. Image courtesy of DigitalGlobe. By now you've probably heard the news: Canada's MacDonald, Dettwiler and Associates (TSX: MDA) is buying DigitalGlobe (NYSE: DGI), one of America's leading providers of space-based Earth photography. MacDonald, Dettwiler and Associates Ltd. (MDA) announced that it has agreed to acquire DigitalGlobe Inc. for $35.00 in cash and stock. The deal values DigitalGlobe at an equity value of $2.4 billion or an enterprise value of $3.6 billion. According to the article, he will remain "as an advisor to Maxar Technologies through at least January 2018." The company is being acquired by MDA in a $2.4 billion deal announced Feb. 24. The U.S. National Geospatial Intelligence Agency is DigitalGlobeâs largest customer. MDA's CEO discussed the financial and strategic aspects of this acquisition. The transaction values DigitalGlobe at an equity value of $2.4 billion and an enterprise value $3.6 billion, including assumption of DigitalGlobeâs $1.2 billion in net debt. But MDA Corp. CEO Howard Lance sees the merger as the combination of four companies, not two. 2. Morgan Stanley Media Relations Mark Lake, 212-761-8493 or DigitalGlobe, Inc. David Banks, 303-684-4210 Mr. DigitalGlobe is a satellite operator and imagery firm. (5 October 2017 - MDA) MacDonald, Dettwiler and Associates, a global communications and information company providing technology solutions to commercial and government organizations worldwide, today announced it has completed its acquisition of DigitalGlobe, the global leader in high resolution Earth imagery and information about our changing planet. MacDonald, Dettwiler and Associates Ltd. (MDA) announced that it has agreed to acquire DigitalGlobe Inc. for $35.00 in cash and stock. Report on Business is Canadaâs authoritative source for breaking business news and in-depth analysis. On 5 October 2017, Maxar Technologies completed its acquisition of DigitalGlobe. MDA Announces Senior Leadership Team Appointments Following Closing of its Acquisition of DigitalGlobe News provided by MacDonald, Dettwiler and Associates Ltd. MDA will acquire DigitalGlobe for $35 per share in a combination of cash and stock. MacDonald, Dettwiler and Associates Ltd. (MDA) announced that it has agreed to acquire DigitalGlobe Inc. for $35.00 in cash and stock. WASHINGTON â MacDonald, Dettwiler and Associates announced Feb. 24 that it will acquire commercial remote sensing company DigitalGlobe for $2.4 billion, the biggest deal to date in the ongoing consolidation in the Earth imaging market. Mr. Frazier was previously senior vice president and general manager of DigitalGlobe | Radiant. He led the acquisition of the Radiant Group by DigitalGlobe in November 2016. --- MacDonald, Dettwiler and Associates Ltd. and DigitalGlobe, Inc. today provided several updates related to the status of the pending acquisition of DigitalGlobe by a wholly owned subsidiary of MDA. In the cash-and-stock deal, MacDonald, Dettwiler & Associates Ltd., or MDA, of Vancouver will acquire the Westminster satellite imaging company (NYSE: DGI) and assume DigitalGlobe⦠SAN FRANCISCO and WESTMINSTER, COLO ., Feb., 2017 â MacDonald , Dettwiler and Associates Ltd. (âMDAâ) (), a global communications and information company providing technology solutions to commercial and government organizations worldwide, and DigitalGlobe, Inc. (âDigitalGlobeâ) (), the global leader in Earth imagery and information about our changing planet, today announced they ⦠MDA Information Systems, based in Gaithersburg, Maryland, and DigitalGlobe l Radiant, based in Herndon, Virginia, have been combined into a new business unit called Radiant Solutions. Later the same day, MDA also announced that it would be renamed Maxar Technologies Ltd. following the acquisition of DigitalGlobe. Mr. Tarr was CEO, president and a director of DigitalGlobe, the world leader in satellite imagery and geospatial intelligence, from 2011 until the sale of the company in 2017 to MDA ⦠MDA acquires of Neptec Design Group (16 July 2018 - Maxar Technologies) MDA, a Maxar Technologies company has acquired Neptec Design Group, the leading electro-optical and electro-mechanical systems and high-performance intelligent Light Detection and Ranging (LIDAR) company for CA$42 million, comprised of approximately CA$8 million in cash and the balance in Maxar common shares. The deal values DigitalGlobe at an equity value of $2.4 billion or an enterprise value of $3.6 billion. On February 24, 2017, DigitalGlobe and MDA announced they had entered into a definitive merger agreement (the âMerger Agreementâ) pursuant to which MDA would acquire DigitalGlobe for just $35 per DigitalGlobe share. MDA Announces Senior Leadership Team Appointments Following Closing of its Acquisition of DigitalGlobe PR Newswire 10/05 09:05 ET MDA Completes Acquisition of DigitalGlobe, Creates Industry Leader in Satellite Systems, Earth Imagery, Geospatial Solutions and Analytics PR Newswire 10/05 08:54 ET MDA announced in February it would acquire Earth imagery company DigitalGlobe in a $3.6 billion deal. The merger consideration consists of $17.50 in cash and $17.50 in MDA stock. 2017 â Completed its acquisition of DigitalGlobe, MDA now will be named Maxar Technologies, dual-listed on NYSE and TSX. MDA will then be a subsidiary of US-based Maxar by 2019. 2014 â acquired the Advanced Systems business line (formerly ERIM International) of General Dynamics Advanced Information Systems division. But now, the $2.4 billion purchase of DigitalGlobe promises to make Canada's MDA one of the leading names in global satellite technology. MDA Announces Senior Leadership Team Appointments Following Closing of its Acquisition of DigitalGlobe News provided by MacDonald, Dettwiler and Associates Ltd. MacDonald, Dettwiler and Associates (MDA) announced on Feb. 24, 2017, that it will acquire commercial remote-sensing company DigitalGlobe for $2.4 billion, the biggest deal to date in the ongoing consolidation in the Earth-imaging market. DigitalGlobe and MDA Holdings Company merged to become Maxar Technologies on October 5, 2017. The acquisition values DigitalGlobe at approximately CAD4.7 billion or $3.5 billion on an enterprise basis. Experience. DigitalGlobe is an American commercial vendor of space imagery and geospatial content, and operator of civilian remote sensing spacecraft. T he MDA name wonât disappear though. Richmond, BC, October 6, 2017--MacDonald, Dettwiler and Associates Ltd. (TSX: MDA), a global communications and information company providing technology solutions to commercial and government organizations worldwide, announced it has completed its acquisition ⦠On: October 5, 2017. MDA is a global communications and information company providing operational solutions to commercial and government organizations worldwide. Under the terms of the Merger Agreement, for each share of DigitalGlobe stock owned, DigitalGlobe shareholders will receive $17.50 in cash and $17.50 in MDA (the âProposed Acquisition⦠The company went public on the New York Stock Exchange on 14 May 2009, selling 14.7 million shares at $19.00 each to raise $279 million in capital. Maxar acquired U.S.-based satellite imagery provider DigitalGlobe Inc for about C$3.1 billion in 2017, in a bid to boost its business supplying high-resolution images to ⦠SAN FRANCISCOâMacDonald, Dettwiler and Associates Ltd. has closed its major acquisition of U.S. satellite imagery company DigitalGlobe Inc. MDA ⦠US: MacDonald, Dettwiler and Associates (MDA), a global communications and information company providing technology solutions to commercial and government organizations worldwide, and DigitalGlobe, the global leader in Earth imagery and information about our changing planet, have announced that they have entered into a definitive merger agreement, pursuant to which MDA will acquire ⦠MDA Completes $3.6B Acquisition of DigitalGlobe - Combined Company Renamed Maxar Technologies and Dual-Lists on NYSE and TSX. The MDA Holdings acquisition of DigitalGlobe still must be approved in a shareholder vote by DigitalGlobe later this month and complete national security and regulatory reviews before it closes. MacDonald, Dettwiler and Associates Ltd. (TSX: MDA) has agreed to acquire DigitalGlobe, Inc. (NYSE: DGI) for US $35.00 per share in a combination of cash and stock. 3. I t turns out the acquisition of Space Systems Loral (SSL) in 2012 was just the opening act in MDAâs U.S. strategy. Howard Lance, president and chief executive officer of MDA, which acquired Westminsterâs DigitalGlobe on Oct. 5, 2017. The merger brings together multiple satellite imagery and geospatial solutions brands, consisting of MDA, DigitalGlobe, SSL, and Radiant. MDA Announces Senior Leadership Team Appointments Following Closing of its Acquisition of DigitalGlobe (and Rebrand as Maxar). However, as outlined in the October 10th, 2017 Denver Business Journal post, "With acquisition by MDA complete, DigitalGlobe's CEO steps down," DigitalGlobe CEO Jeffrey Tarr has stepped down from his role. MDAâs $2.4 billion merger with DigitalGlobe is the biggest space acquisition to close so far this year. Over the last two decades, he has built three publicly traded, tech-enabled information companies into industry leaders. WASHINGTON â MacDonald Dettwiler and Associates completed its $2.4 billion purchase of DigitalGlobe Oct. 5, and will rebrand the combined company as Maxar Technologies. The deal values DigitalGlobe at an equity value of $2.4 billion or an enterprise value of $3.6 billion. The transaction valued the Westminster, CO-based DigitalGlobe at $2.4 billion and included assumption of DigitalGlobe's $1.2 billion in debt. The deal includes taking on DigitalGlobeâs $1.6 billion (US$1.2 billion) in net debt. Image of Muscat, Oman, taken by DigitalGlobeâs GeoEye-1 on 10 October 2014. MDA Completes Acquisition Of DigitalGlobe October 6, 2017 â MacDonald, Dettwiler and Associates Ltd. (MDA) has completed its acquisition of DigitalGlobe, Inc. DigitalGlobe's WorldView-4 captured this image of Brasilia on Jan. 11, 2017. By now you've probably heard the news: Canada's MacDonald, Dettwiler and Associates (TSX: MDA) is buying DigitalGlobe (NYSE: DGI), one of America's leading providers of ⦠In: Aerospace and Defence, British Columbia, M&A/Exit Deals, United States. That deal values DigitalGlobe at ⦠MDA Completes Acquisition of DigitalGlobe, Creates Industry Leader in Satellite Systems, Earth Imagery, Geospatial Solutions and Analytics /PRNewswire/ - MacDonald, Dettwiler ⦠Richmond, BC, October 10, 2017--MacDonald, Dettwiler and Associates Ltd. (TSX: MDA), a leading global provider of advanced space technology solutions for commercial and government markets, today announced senior executive appointments following the completion of MDA⦠February 24, 2017. MDA Acquires DigitalGlobe. Here are some of the moot points of the significant acquisition. DigitalGlobe shareholders will receive $17.50 per share in cash and 0.3132 MDA common shares for each DGI common share they own. The acquisition added a number of major cruise companies to Speedcastâs portfolio, and opens opportunities for the company in oil and gas and other maritime verticals, according to Northern Sky Research (NSR) analyst Brad Grady. MDA closes DigitalGlobe acquisition, changes name to Maxar Technologies. Tony Frazier is appointed president of Radiant Solutions, the newly created business unit formed from the combination of MDA Information Systems and DigitalGlobe l Radiant. MacDonald, Dettwiler and Associates Ltd. (MDA) announced that it has agreed to acquire DigitalGlobe Inc. for $35.00 in cash and stock. MacDonald, Dettwiler and Associates Ltd. today announced it has completed its acquisition of DigitalGlobe, Inc. (NYSE: DGI), the global leader in ⦠MDA to Acquire DigitalGlobe, Creating Industry Leader in End-To-End Space Systems, Earth Imagery and Geospatial Solutions. MacDonald, Dettwiler and Associates Ltd and DigitalGlobe, Inc. (âDigitalGlobeâ) (NYSE: DGI), the global leader in Earth imagery and information ⦠MacDonald, Dettwiler and Associates Ltd. today announced it has completed its acquisition of DigitalGlobe, Inc. (NYSE: DGI), the global leader in ⦠Image courtesy of DigitalGlobe. DigitalGlobeâs shares fell 8.2 percent to $31.25 at 4 p.m. in New York. MDA completed its acquisition of Earth imagery provider DigitalGlobe Thursday. DigitalGlobeâs headquarters in Westminster, Colo. Photo: Griffin Capital. Expanded capabilities of the combines entity. Davis Polk is advising PJT Partners and Barclays as financial advisers to DigitalGlobe, Inc. in connection with its C$4.7 billion acquisition by MacDonald, Dettwiler and Associates Ltd. MDA closes DigitalGlobe merger, rebrands as Maxar Technologies. DigitalGlobe's headquarters in Westminster, Colorado. WASHINGTON â MacDonald Dettwiler and Associates completed its $2.4 billion purchase of DigitalGlobe Oct. 5, and will rebrand the combined company as Maxar Technologies. The acquisition is now expected to close late next week, the companies said. MDA acquires satellite imagery firm DigitalGlobe in $4.7B deal. Unlike other language models, Google's LaMDA was trained on dialogue, teaching it how to engage in free ⦠MDA to acquire DigitalGlobe. The Canadian company will also assume DigitalGlobeâs $1.2 billion debt load, officials said. Shares of MDA closed Friday at 65.29 Canadian dollars, or approximately 51.92 U.S. dollars per share based on current exchange rates. MacDonald, Dettwiler and Associates Ltd. (MDA.TO) and DigitalGlobe, Inc. (DGI) announced a merger agreement, pursuant to which MDA will acquire DigitalGlobe for $35. MDA Acquires DigitalGlobe, Becomes Maxar Technologies Google I/O 2021: Google unveils LaMDA. MDA will acquire DigitalGlobe for $35 per share, the combination of cash and stock. The deal values DigitalGlobe at an equity value of $2.4 billion or an enterprise value of $3.6 billion. MDA will also assume about C$1.6 billion of Westminster, Colorado-based DigitalGlobeâs debt. Maxar Technologies is a space technology company headquartered in Westminster, Colorado, United States, specializing in manufacturing communication, Earth observation, radar, and on-orbit servicing satellites, satellite products, and related services. Photograph courtesy of Lockheed Martin. MDA will pay an equity value of $3.1 billion for Colorado-based DigitalGlobe (NYSE: DGI). Canada-based MacDonald Dettwiler and Associates (MDA) finally announced on February 24 it would acquire American satellite imagery provider DigitalGlobe Inc for about C$3.10 billion. MDA will buy DigitalGlobe for $2.4 billion in cash and stock. If the merger is completed, MDA expects about 25 percent of its $2.3 billion in post-acquisition business to be with the government. The transaction valued the Westminster, CO-based DigitalGlobe at $2.4 billion and included assumption of DigitalGlobe's $1.2 billion in debt. Today the company announced that it was acquiring DigitalGlobe for $3.1 billion (US$2.4 billion) in shares and cash. The offer is slightly above DigitalGlobeâs stock price of US$34.05 at the end of trading Thursday, prior to the announcement. SAN FRANCISCO and VANCOUVER, Oct. 5, 2017 /PRNewswire/ - MacDonald, Dettwiler and Associates Ltd. ("MDA" or the "Company") (TSX: MDA and NYSE: MDA), a leading global provider of advanced space technology solutions for commercial and government markets, today announced senior executive appointments following the completion of MDA's acquisition of DigitalGlobe, Inc. ("DigitalGlobe⦠Press Release From: MDA Posted: Friday, February 24, 2017 OâMelveny advised DigitalGlobe, Inc., a leading global provider of high-resolution Earth-imagery products and services, on its agreement to be acquired by global communications and information company MacDonald, Dettwiler and Associates Ltd. (MDA). The newly combined company is slated to âoffer a broader set of space-based solutions, increased scale and a more diversified revenue baseâ. Maxar Technologies is a space technology company headquartered in Westminster, Colorado, United States, specializing in manufacturing communication, Earth observation, radar, and on-orbit servicing satellites, satellite products, and related services. DigitalGlobe and MDA Holdings Company merged to become Maxar Technologies on October 5, 2017.
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