ViaSat acquires cloud networking startup

04/15/2013 | San Diego Union-Tribune

ViaSat has purchased southern California-based startup LonoCloud, which develops cloud-based networking software. ViaSat, which did not disclose the terms of the deal, will use the startup's technology to boost its Exede broadband offering. "Adding this core technical capability to our broadband network will both enhance our existing offering as well as shorten development cycles for new service offerings," said ViaSat Chairman and CEO Mark Dankberg.

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