ViaSat Inc. (Nasdaq: VSAT) has purchased Arconics, a software developer for the aircraft industry, further expanding a previous partnership between the two companies. Terms of the deal were undisclosed.
Arconics manufactures software and mobile applications to make flying more efficient for aircraft operators and passengers. The target, based in Dublin, Ireland, develops technology for pilots and cabin crew to manage document control and aircraft data, while also providing in-flight entertainment (IFE) for flyers. Arconics technology has been used by airlines including: Qatar Airways, Thomson Airways, Cathay Pacific Airways Ltd., Philippine Airlines Inc., Aer Lingus Group Plc., Tiger Airways Australia Ltd. and Air Niugini Ltd. Prior to the acquisition, the target and ViaSat had a strategic partnership to provide wireless IFE for multiple airline clients.