Ultra Electronics buys satellite firm
Ultra Electonics, a technology company with interests in defence, transport and energy, has acquired satellite company Giga Communcations along with its associated businesses in Australia and the US.
Ultra Electonics, a technology company with interests in defence, transport and energy, has acquired satellite company Giga Communcations along with its associated businesses in Australia and the US.
The £12.4m initial cash consideration will be followed by an additional £24.6m, subject to earnings growth over the next two years.
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