Vizada

Last updated

Vizada Group
Company typePrivate Company
Industry Communications satellite operators
Predecessor France Telecom and Telenor
Fatedefunct
Successor EADS Astrium
HeadquartersParis, France
Area served
Worldwide
ProductsMobile and fixed satellite services
OwnerApax Partners
Subsidiaries Vizada, Vizada Networks, Marlink

Vizada was a Norwegian firm and later subsidiary brand of EADS and Marlink providing satellite communications services. It operated stations that connected satellite communications to terrestrial telecommunications and IP networks. Vizada's services covered maritime, land, and aeronautical services. In 2011, the Vizada Group was acquired by EADS and integrated as a subsidiary of Astrium. [1]

Contents

History

Vizada was formed in 2007 when private equity firm Apax Partners acquired France Telecom Mobile Satellite Communications (FTMSC - a division of France Telecom) and Telenor Satellite Services (a division of Telenor) and merged their operations. [2] Apax sold Vizada to EADS for 673 million euros in 2011. EADS would go on to merge Vizada with EADS Astrium, its space subsidiary. [3]

While operative as a firm, Vizada acquired and reorganized several global telecommunications entities including FTMSC and Telenor Satellite Services, as well as vertically-specialized companies such as Sait Communications and TDCom. At the time of its acquisition by EADS in 2011, Vizada provided both mobile and fixed satellite telecommunications to markets including merchant shipping, defense and government, fishing and yachting, oil and gas, mining, and non-governmental organizations.

In 1998, one of Vizada's precursor firms entered into partnership with the Télécoms sans frontières (TSF), which was renewed in 2010. [4]

In 2016 an EADS subsidiary, reorganized and renamed as Airbus Defense and Space, consolidated several products including Vizada under the brand name Marlink. [5] Airbus Defense and Space then sold its Marlink business and services back to Apax Partners for an undisclosed sum. [6] As of 2024, Marlink no longer uses the brand name Vizada in any of its products or services. [7]

Vizada Group

While it existed as an independent firm, Vizada operated as The Vizada Group with three subsidiaries:

See also

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References

  1. "EADS's Astrium Satellite Unit Buys Vizada to Build U.S. Presence, Services". Bloomberg. Retrieved 23 August 2011.
  2. "Apax Partners acquires Telenor Satellite Services". Private Equity Wire. 11 September 2007. Retrieved 11 August 2024.
  3. "Vizada to Merge with EADS Astrium Following $969 Million Acquisition". Via Satellite. 1 August 2011. Retrieved 11 August 2024.
  4. "Vizada strengthens mobile satellite offering for TSF". Telecompaper. 2 April 2010. Retrieved 11 August 2024.
  5. "Marlink Rebrands As the Global Pioneer in Business Critical Communication Soluti". The Maritime Executive. 26 February 2016. Retrieved 11 August 2024.
  6. "Maritime satcom consolidation continues with SpeedCast purchase of Eutelsat's WINS". Space News. 8 August 2016. Retrieved 11 August 2024.
  7. "Search our site". Marlink.com. Retrieved 11 August 2024.
  8. "Taide Changes Name To Vizada Networks". Via Satellite. 2 July 2008. Retrieved 11 August 2024.
  9. Comsys maritime vsat markets – 2nd edition