Airbus Defence and Space completes acquisition of Vizada, reinforces EADS’ Vision 2020
• Airbus Defence and Space Services and Vizada team up to become one of the world’s
largest providers of satellite communications and
Paris, 19 December 2011 – Airbus Defence and Space, 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 Airbus Defence and Space. This acquisition represents a total consideration of € 673 million and contributes to AIRBUS Group' strategic Vision 2020.
“We are happy to welcome Vizada into the AIRBUS Group, which concludes a successful year for us in terms of acquisitions”, said Marwan Lahoud, Head of AIRBUS Group Corporate Strategy and Marketing Organisation. “In 2011, we have significantly strengthened our services portfolio, which is a key focus of our acquisition strategy.”
According to Eric Béranger, CEO of Airbus Defence and Space: “Combining the skills and capabilities of everyone in Vizada and Airbus Defence and Space 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 & AsiaPacific 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.
Airbus Defence and Space 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, Airbus Defence and Space 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, Airbus Defence and Space 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 Airbus Defence and Space. 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, Airbus Defence and Space and Vizada will form a world leading provider of satellite valueadded services. About AIRBUS Group AIRBUS Group is a global leader in aerospace, defence and related services. In 2010, the Group – comprising Airbus, Airbus Defence and Space, Cassidian and Eurocopter – generated revenues of € 45.8 billion and employed a workforce of nearly 122,000.
About Airbus Defence and Space
Airbus Defence and Space is the number one company in Europe and the third in the world for space technologies. It is a wholly owned subsidiary of AIRBUS Group, dedicated to providing civil and defence space systems and services. In 2010, Airbus Defence and Space 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 Airbus Defence and Space for launchers and orbital infrastructure, Airbus Defence and Space for spacecraft and ground segment, and Airbus Defence and Space 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.
Contacts AIRBUS Group
Alexander Reinhardt: + 49 89 607 34066
Martin Agüera + 49 89 607 34735
Rod Stone + 33 1 42 24 27 75