{"id":591,"date":"2009-06-19T07:42:24","date_gmt":"2009-06-19T14:42:24","guid":{"rendered":"http:\/\/www.telyas.com\/wordpress\/?p=591"},"modified":"2009-06-19T07:42:24","modified_gmt":"2009-06-19T14:42:24","slug":"gilat-acquire-airspan","status":"publish","type":"post","link":"https:\/\/www.telyas.com\/wordpress\/2009\/06\/19\/gilat-acquire-airspan\/","title":{"rendered":"Israeli Gilat may acquire Airspan Networks"},"content":{"rendered":"<p><img decoding=\"async\" class=\"alignright size-full wp-image-592\" title=\"gilat_logo\" src=\"http:\/\/www.telyas.com\/wordpress\/wp-content\/uploads\/2009\/06\/gilat_logo.jpg\" alt=\"gilat_logo\" \/><img decoding=\"async\" class=\"alignright size-full wp-image-593\" title=\"airspan_logo\" src=\"http:\/\/www.telyas.com\/wordpress\/wp-content\/uploads\/2009\/06\/airspan_logo.jpg\" alt=\"airspan_logo\" \/>Israeli online business news<a href=\"http:\/\/www.calcalist.co.il\/markets\/articles\/0,7340,L-3309083,00.html\"> Calcalist reports (Hebrew) that Gilat is in negotiations to acquire Airspan Networks<\/a>.<\/p>\n<p>The acquisition sum is rumored to be around\u00a0 &#8220;few tens of Millions of Dollars&#8221; while Airspan is currently traded in the Pink Sheets after <a href=\"http:\/\/www.telyas.com\/wordpress\/2009\/04\/01\/airspan-voluntarly-delist\/\">voluntarily delisting from Nasdaq<\/a> and traded for about $4 Millions.<\/p>\n<p>The article mentions a few problems in this rumored acquistion:<\/p>\n<ol>\n<li>Airspan&#8217;s commitments to Oak Investment Partners after their investment in 2006, which drives the price higher than the book value.<\/li>\n<li>Airspan HQ are in Boca Raton, Florida with development offices in England and Israel, Sales offices around the world. It is not that easy to absorb such an international company.<\/li>\n<li>In 2008 Airspan had revenues of $70 Millions which resulted in an operational loss of $50 Millions. Alvarion had similar revenues for Q1, 2009 alone.<\/li>\n<\/ol>\n<p>Gilat is reported to be sitting on a pile of cash, but from a short analysis of the infromation above, I would recommend Gilat to negotiate harder.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Israeli online business news Calcalist reports (Hebrew) that Gilat is in negotiations to acquire Airspan Networks. The acquisition sum is rumored to be around\u00a0 &#8220;few tens of Millions of Dollars&#8221; while Airspan is currently traded in the Pink Sheets after voluntarily delisting from Nasdaq and traded for about $4 Millions. The article mentions a few &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.telyas.com\/wordpress\/2009\/06\/19\/gilat-acquire-airspan\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Israeli Gilat may acquire Airspan Networks&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[32],"tags":[39,84],"class_list":["post-591","post","type-post","status-publish","format-standard","hentry","category-wimax","tag-airpsan","tag-gilat"],"_links":{"self":[{"href":"https:\/\/www.telyas.com\/wordpress\/wp-json\/wp\/v2\/posts\/591","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.telyas.com\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.telyas.com\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.telyas.com\/wordpress\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.telyas.com\/wordpress\/wp-json\/wp\/v2\/comments?post=591"}],"version-history":[{"count":0,"href":"https:\/\/www.telyas.com\/wordpress\/wp-json\/wp\/v2\/posts\/591\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.telyas.com\/wordpress\/wp-json\/wp\/v2\/media?parent=591"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.telyas.com\/wordpress\/wp-json\/wp\/v2\/categories?post=591"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.telyas.com\/wordpress\/wp-json\/wp\/v2\/tags?post=591"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}