About Cabling Installation & Maintenance

Our mission: Bringing practical business and technical intelligence to today's structured cabling professionals

For more than 30 years, Cabling Installation & Maintenance has provided useful, practical information to professionals responsible for the specification, design, installation and management of structured cabling systems serving enterprise, data center and other environments. These professionals are challenged to stay informed of constantly evolving standards, system-design and installation approaches, product and system capabilities, technologies, as well as applications that rely on high-performance structured cabling systems. Our editors synthesize these complex issues into multiple information products. This portfolio of information products provides concrete detail that improves the efficiency of day-to-day operations, and equips cabling professionals with the perspective that enables strategic planning for networks’ optimum long-term performance.

Throughout our annual magazine, weekly email newsletters and 24/7/365 website, Cabling Installation & Maintenance digs into the essential topics our audience focuses on.

  • Design, Installation and Testing: We explain the bottom-up design of cabling systems, from case histories of actual projects to solutions for specific problems or aspects of the design process. We also look at specific installations using a case-history approach to highlight challenging problems, solutions and unique features. Additionally, we examine evolving test-and-measurement technologies and techniques designed to address the standards-governed and practical-use performance requirements of cabling systems.
  • Technology: We evaluate product innovations and technology trends as they impact a particular product class through interviews with manufacturers, installers and users, as well as contributed articles from subject-matter experts.
  • Data Center: Cabling Installation & Maintenance takes an in-depth look at design and installation workmanship issues as well as the unique technology being deployed specifically for data centers.
  • Physical Security: Focusing on the areas in which security and IT—and the infrastructure for both—interlock and overlap, we pay specific attention to Internet Protocol’s influence over the development of security applications.
  • Standards: Tracking the activities of North American and international standards-making organizations, we provide updates on specifications that are in-progress, looking forward to how they will affect cabling-system design and installation. We also produce articles explaining the practical aspects of designing and installing cabling systems in accordance with the specifications of established standards.

Cabling Installation & Maintenance is published by Endeavor Business Media, a division of EndeavorB2B.

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Viasat (NASDAQ: VSAT) Enters Into Agreement to Sell its Link 16 Tactical Data Links Business to L3Harris for $1.96 Billion

Viasat, Inc. (NASDAQ: VSAT) is engaged as a global communications company, which is focused on developing a high-powered network to allow for fast and affordable connections on the ground, air or sea. Shares of the communications company are rallying 29% through early trading on Monday, October 3, 2022. Over the past three months, Viasat has seen average daily volume of 399,280 shares. However, volume of 4.65 million shares or dollar volume of around $180.19 million, has already exchanged hands through early trading.

Shares of Viasat are gaining after the company announced it has entered into a definitive agreement with L3Harris Technologies to sell its Link 16 Tactical Data Links (TDL) business for $1.96 billion. Viasat estimates the net proceeds from the sale with come in at $1.8 billion after taxes, fees and other expenses. For the twelve-month period ended June 30, 2022, the Link 16 TDL business generated revenues of $400 million and an estimated adjusted EBITDA of $125 million.

The TDL business represented 35% of Viasat’s Government Systems business, which has become a leader in the Link 16 TDL space over the years. The asset sale also includes the Multifunctional Information Distribution System (MIDS) platform, as well as associated next-gen Link 16 terminals, radios and more.

Viasat says it intends to utilize the proceeds of the asset sale to help reduce net leverage and increase liquidity. On a pro forma basis for the Link 16 TDL sale, standalone net leverage would have decreased from 4.2x to 1.4x LTM adjusted EBITDA, as of June 30, 2022. The proceeds will also be utilized to help integrate and expand its recent acquisition of Inmarsat.  Overall, the asset sale is estimated to close sometime during the first half of 2023.

“This transaction will transform our balance sheet, reduce cash interest obligations, and sharpen strategic focus while enabling continued growth opportunities for the Link 16 business and assuring our customers of a competitive, innovative and reliable source for their future needs. The Link 16 Tactical Data Links business has been an important contributor to Viasat’s growth and earnings and the transaction recognizes the value created by our outstanding team. L3Harris has been a long-time Link 16 strategic partner and has a portfolio that will benefit significantly from these capabilities. Looking ahead, the ViaSat-3 constellation and the Inmarsat acquisition both create greater forward-looking government systems growth opportunities in space-based businesses with more R&D, capital and operational synergies,” said Mark Dankberg, CEO and Chairman of the Board, Viasat.

Disclosure: No position. Spotlight Growth has no relationships with any of the companies mentioned in this article and did not receive payment in any form for its creation. This is an opinion article and is not meant to be financial advise. We are not broker-dealers or investment professionals. Please conduct your own due diligence. For more information on our disclosures, please visit: https://spotlightgrowth.com/disclosures/

The post Viasat (NASDAQ: VSAT) Enters Into Agreement to Sell its Link 16 Tactical Data Links Business to L3Harris for $1.96 Billion appeared first on Spotlight Growth.

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