http://www.telyas.com/wordpress/2009/06/19/gilat-acquire-airspan/ A Journey to the Levant Thu, 27 Jan 2011 19:59:55 -0700 hourly 1 http://wordpress.org/?v=3.1.3 http://www.telyas.com/wordpress/2009/06/19/gilat-acquire-airspan/#comment-70 Gunther Karger Fri, 19 Jun 2009 20:25:14 +0000 http://www.telyas.com/wordpress/?p=591#comment-70 Airspan would be a good fit for Gilat as it would extend Gilat's footprint to terrestial network users thus offering synergy. However, as the article points out, OAK has a preferred position requiring at least $60 million net purchase price before commons get anything. It is however possible that the valuation of premium to the $70 mil revenues might be justified to Gilat because airspan is well positioned to get substantial revenues from the U.S. stimulus programme funded at $7 billion of which a significant part is allocated to wireless broadband to rural and under served areas. Whatever premium to one times sales may offer the commons something. Airspan would be a good fit for Gilat as it would extend Gilat’s footprint to terrestial network users thus offering synergy. However, as the article points out, OAK has a preferred position requiring at least $60 million net purchase price before commons get anything. It is however possible that the valuation of premium to the $70 mil revenues might be justified to Gilat because airspan is well positioned to get substantial revenues from the U.S. stimulus programme funded at $7 billion of which a significant part is allocated to wireless broadband to rural and under served areas. Whatever premium to one times sales may offer the commons something.

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