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Technology solutions group SAIC (Science Applications International Corp) has completed its US$790m all-cash acquisition of US defence contractor Scitor.
Canadian inflight safety specialist Star Navigation Systems has raised C$500,000 to help roll out its satellite-based virtual black box technology.
The company issued 10 million units in the first tranche of a non-brokered private placement, each comprising one common share and one warrant.
US-based broadcast solutions firm NEP has acquired two more outside video specialists as the group continues its acquisition spree across Europe.
The company bought Belgium’s Outside Broadcast and its subsidiary RecordLab TV & Media of Germany for an undisclosed sum, further expanding its reach in the region.
Swiss conditional access firm Kudelski has launched a CHF200m (US$213m) bond due August 2022 to refinance debt.
The notes bear a 1.875% coupon and will be used to refinance an existing bond due December 2016, as well as partially reducing outstanding credit lines.
Global satellite and terrestrial connectivity provider Emerging Markets Communications (EMC) has signed a definitive merger agreement to acquire maritime satcoms specialist MTN Communications (MTN).
Financial details were undisclosed but the companies stated that the merger would create one of the largest independent providers of satellite connectivity services for both land-based sites and maritime vessels worldwide.
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