Tuesday, June 10, 2014
NetNearU Acquired By ViaSat
Bryan, Texas-based NetNearU, which provides a network management system for provisioning, operating, and managing public Wi-Fi networks, has been acquired by ViaSat, a developer of satellite and other wireless networking systems. Financial terms of the buy were not disclosed. NetNearU will remain in Texas at its Bryan/College Station location, and help ViaSat establish a presence in Texas. ViaSat said the acquisition will help it extend its Wi-Fi capabilities. ViaSat is based near San Diego, California. NetNearU was advised by Winstaed PC and William Blair & Company in the deal, with ViaSat advised by Latham & Watkins LLP.