ExactEarth provides satellite-AIS data services which is used to track ships. Spire Global is acquiring space-based maritime data firm exactEarth in 1612m cash and stock transaction.
Spire Snaps Up Exactearth In First Acquisition As A Public Company In 2021 Public Company Spires Company
Spire Global NYSE.
Exactearth spire. Spire Global is spending 1612m to take over Canadas exactEarth. XCT for approximately US 1612 million or CDN 2042 million in cash and stock which implies 91x exactEarths Enterprise Value to LTM revenue. ExactEarth or the Company a leading provider of Satellite-AIS data services.
Spire had 225 ARR Solution Customers under contract a 69 increase year-over-year Business. SPIR a provider of space-based data analytics and space services and exactEarth Ltd. Announced September 15 that the companies have entered into a definitive arrangement agreement under which Spire will acquire exactEarth for approximately US1612 million CAD2042 million in cash and stock which implies 91x exactEarths Enterprise Value to LTM revenueOnce completed exactEarth will become a fully owned subsidiary of.
Once completed exactEarth will become a fully owned subsidiary of Spire and. Vienna Va September 14 2021--Spire Global Inc. Spire Global Inc.
The total transaction consideration of CAD2042m US1612m is. SPIR has entered into a definitive arrangement agreement to acquire exactEarth Ltd. ExactEarth is a leading provider of global maritime vessel data for ship tracking and maritime situational awareness solutions.
XCT exactEarth announced today that the companies have entered into a definitive arrangement agreement under which Spire will acquire exactEarth for approximately US1612 million CAD2042 million in. - exactEarth has entered into an agreement to be acquired by Spire Global for 2042 million in cash and equity. 14 2021 GLOBE NEWSWIRE -- exactEarth Ltd.
XCT announced today that the companies have entered into a definitive arrangement agreement under which Spire will acquire exactEarth for approximately US1612 million CAD2042 million in cash and stock which implies 91x. SPIR a leading provider of space-based data analytics and space services and exactEarth Ltd. SPIR a leading provider of space-based data analytics and space services and exactEarth Ltd.
SPIR has agreed to acquire exactEarth in a cash-and-stock transaction worth approximately 1612 million to further expand its geographic footprint and increase its space. Spire has offices in San Francisco Boulder Washington DC Glasgow Luxembourg and Singapore. CAMBRIDGE Ontario September 14 2021--Spire Global Inc.
Spire Global Inc. The total transaction is comprised of approximately USD 1034m in cash and USD 578m in Spires Class A Common Stock. Spire signed a definitive agreement to acquire exactEarth a leading provider of global maritime data.
By signing in you accept the Terms and Conditions of. The Canadian company exactEarth will. The deal was announced on Tuesday.
Username and password are invalid. XCT exactEarth announced today that the companies have. Once completed exactEarth will become a fully owned subsidiary of Spire and continue to operate from Cambridge Ontario Canada.
Admittedly at last report neither exactEarth nor Spire were GAAP-profitable companies so referring to price-to-sales ratios only proves that exactEarth is a relative bargain next to Spires own. - exactEarth has entered into an agreement to be acquired by Spire Global for 2042 million in cash and equity - Consideration of 390 per share represents a premium of 171 to exactEarths 10-day VWAP of 14417 per share CAMBRIDGE Ontario Sept. Spire Global also provides satellite-AIS data services and said this acquisition will add more than 150 customers and grow its customer base by more than 75.
ExactEarth Announces Q3 Fiscal 2021 Financial Results and Agreement to be Acquired by Spire Global. Spire a Vienna Va provider of space-based data analytics and space services said it would pay about C250 in cash and issue 01 share for each share of exactEarth. Shares of exactEarth.
Expands Spires geographic footprint. Spire Global NYSE. Flush with cash and a publicly-trading stock through a successful SPAC Spire Global announced today it is acquiring maritime-tracking company exactEarth.
ExactEarth accelerates growth of Spires existing maritime business with additional data solutions cross-selling opportunities and expansion of the companys geographic footprint. - Consideration of 390 per share represents a premium of 171 to exactEarths 10-day VWAP of 14417 per share. Spire Global is making its first acquisition after going public with an agreement to acquire exactEarth for 1612 million.
The deal is valued at around 161 million in a combination of cash and stock. Newly listed small satellite constellation operator Spire Global is buying Canadian ship-tracking company exactEarth in its first major acquisition inflating. SPIR has agreed to acquire exactEarth in a cash-and-stock transaction worth approximately 1612 million to further expand its geographic footprint and increase its space.
CPE News 9142021 Spire Global Inc. Spire Global to acquire exactEarth for 204M. Spires planned acquisition of Canadian ship-tracking company exactEarth a deal announced in September is scheduled to close in late 2021 or very early 2022 Platzer said.
Spire Global has announced the acquisition of exactEarth for approximately USD 1612 million. Once completed Cambridge Ontario-based exactEarth will. ExactEarth sells to 39 countries around the world.
Spire completed the merger with NavSight Holdings on August 16 2021 and received 237 million in net proceeds.
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