Gilat (GILT) Completes Acquisition of DataPath

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Gilat Completes Acquisition of DataPath, Inc.

November 16, 2023 7:04 AM UTC

PETAH TIKVA, Israel, Nov. 16, 2023 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, announced today that it has completed the acquisition of DataPath, Inc., a market leader in trusted communications for the US DoD Military and Government sectors.

The transaction was approved by the Gilat Board of Directors and by DataPaths Board of Directors and stockholders earlier this year, and it has received regulatory approvals, including the receipt of clearance from the Committee on Foreign... More