Apax Partners Exits Vizada in $960M Deal

Apax Partners and Altamir Amboise are exiting their investments in satellite communications service provider Vizada, selling the company to European aerospace group EADS for $960 million. Vizada was formed in 2007 through various carve-outs and build-ups led by Apax. The company provides mobile satellite communications technology aimed at sectors including maritime, aero, media and government.

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