Overview
Viasat is an American communications company based in Carlsbad, California, with additional operations across the United States and worldwide. Viasat is a provider of high-speed satellite broadband services and secure networking systems covering military and commercial markets.
History
Viasat was co-founded in May 1986 by Mark Dankberg, Mark Miller and Steve Hart. Mark Dankberg became chief executive officer and Mark Miller and Steve Hart became chief technical officers. Viasat received venture capital financing of $300,000 from Southern California Ventures. In December 1996, Viasat had its initial public offering (IPO). In 1999, Viasat moved into its headquarters in Carlsbad, California. Viasat launched a spin-off company, TrellisWare Technology, in 2000. The self-funded company focuses on developing communications and signal processing systems.
The acquisition of the satellite networking business of Scientific-Atlanta for $75 million in cash in 2000 helped Viasat to focus on providing technology for interactive services to businesses.
In 2001, Viasat started working with Boeing on Connexion broadband for airliners. The company acquired Lockheed Martin Global Telecommunications' products unit, Comsat Laboratories in 2001 for an undisclosed amount. Comsat Laboratories is Viasat's technology and product development group for communication systems focusing on developing new technologies for extremely bandwidth efficient, high data rate satellite transmission. In 2001, Viasat also purchased US Monolithics, a company focused on designing high frequency broadband circuitry, for around $30 million.
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