Status: Upcoming/New Filing

Acquirer:              Gilat Satellite Networks Ltd. (Israel)

Acquired:             DataPath, Inc. (U.S.)

Value:                   Unknown

Industry Tags:    Telecommunications; Satellites; Technology Services

On March 8, 2023, Gilat Satellite Networks Ltd., an Israeli publicly traded (NASDAQ/TASE: GILT) “global provider of satellite-based broadband communications,” “signed a definitive agreement to acquire 100% of the shares of DataPath, Inc. a US based expert systems integrator with a strong focus on the US Department of Defense (DoD) and the US government sectors.”  (Gilat Satellite Networks Ltd. Form 20-F, Mar. 13, 2023, SEC Filing.)  “The closing of the transaction is subject to certain regulatory approvals, including the receipt of clearance of the Committee on Foreign Investment in the United States (CFIUS), and other customary closing conditions.” (Id.)