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Honeywell announced that it has agreed to acquire CAES Systems Holdings LLC (CAES) from private equity firm Advent International for approximately $1.9 billion in an all-cash transaction.
Gilat Satellite Networks Ltd. announced that it has signed a definitive agreement to acquire Stellar Blu Solutions LLC, which will become a core component of Gilat’s IFC growth strategy.
Satellite company SES has agreed to buy Intelsat for $3.1 billion in a deal that would create a major European player but raised investor concerns around debt, sending the buyer's shares to a record low.
VIAVI Solutions and Spirent Communications announced an agreement on the terms of a cash offer for Spirent which the Spirent board intends to unanimously recommend.