Astrium acquires satellite services company Vizada

Astrium, an aerospace subsidiary of EADS (European Aeronautic Defence and Space) has completed the acquisition of Vizada after receiving the necessary regulatory approvals.

Vizada is an independent provider of global satellite communications services and will be integrated into Astrium Services.

This acquisition represents a total consideration of €673m (£564m) and contributes to EADS’ strategic Vision 2020.