Astrium and Vizada become a world leader in satellite communications services
Paris, 19 December 2011
- - Astrium completes acquisition of Vizada, reinforces EADS’ Vision 2020 strategy
- Astrium Services and Vizada team up to become one of the world’s largest providers of satellite communications and geo-information services
Astrium, Europe’s leading space company, 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, EADS’ Chief Strategy and Marketing Officer. “In 2011, we have significantly strengthened our services portfolio, which is a key focus of our acquisition strategy.”
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. Together, we now provide our customers and partners with the broadest range of product and service choices – from fixed to mobile services, and from government to civil and private customers. In sharing our best practices and building on both teams’ expertise, we will create new growth by continuing to develop innovative products to meet our evolving customer needs worldwide.”
Vizada comprises Vizada Americas, Vizada Networks, Vizada EMEA & Asia and Marlink. The company has more than 700 employees serving 200,000 end-customers across sectors such as maritime, aero, land, media, Non Governmental Organisations and government/defence. Vizada offers mobile and fixed connectivity services from multiple satellite network operators both directly and through a network of 400 service provider partners.
Astrium Services is the world’s first commercial provider of military-specific communications services, enabling governments and the military to procure secure communications as and when required, notably to the UK Ministry of Defence under the Skynet-5 contract. Through its range of GEO-Information services, Astrium is also recognized as one of the leaders in the geo-spatial information market, covering the entire geo-information supply chain.
With over 3,200 employees now, Astrium Services will be composed of four business lines: Telecom Commercial, Telecom Governmental, Secure Satcom Systems, and GEO-Information Services.
With significant synergies in addressed markets, customer types, technologies and geographies, the integration of Vizada vastly broadens the range of solutions offered by Astrium Services. It enhances both its commercial satcoms capabilities and its global presence. Furthermore, it ensures that Vizada’s customers and partners will benefit from long-term guaranteed service availability as well as access to best of breed technologies and customer support capability. Together, Astrium Services and Vizada will form a world leading provider of satellite valueadded services.
EADS is a global leader in aerospace, defence and related services. In 2010, the Group – comprising Airbus, Astrium, Cassidian and Eurocopter – generated revenues of € 45.8 billion and employed a workforce of nearly 122,000.
Astrium is the number one company in Europe and the third in the world for space technologies. It is a wholly owned subsidiary of EADS, dedicated to providing civil and defence space systems and services. In 2010, Astrium had a turnover of €5 billion and more than 15,000 employees worldwide (not including Vizada), mainly in France, Germany, the United Kingdom, Spain and the Netherlands. Its three main areas of activity are Astrium Space Transportation for launchers and orbital infrastructure, Astrium Satellites for spacecraft and ground segment, and Astrium Services for comprehensive end-to-end solutions covering secure and commercial satcoms and networks, high security satellite communications equipment, bespoke geo-information and navigation services worldwide.
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