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Continuing Expansion In U.S., MDA To Acquire DigitalGlobe

Cal Biesecker By
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Continuing Expansion In U.S., MDA To Acquire DigitalGlobe
MDA President and CEO Howard Lance. Photo from Lance's LinkedIn profile.

Canadian satellite and communications company MacDonald, Dettwiler and Associates Ltd. (MDA) on Friday agreed to acquire U.S. satellite imagery firm DigitalGlobe [DGI] for $2.4 billion in a deal that accelerates its plan to serve U.S. government customers.“Today’s announcement creates a new company that will lead the industry by offering space systems and imaging solutions from inception to execution,” Howard Land, president and CEO of MDA, said in a statement. “This combination has the scale, resources and technology to serve the…

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