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ViaSat said it’s buying Efficient Channel Coding. ViaSat officia...

ViaSat said it’s buying Efficient Channel Coding. ViaSat officials said this will bolster its S2 version of the DVB-RCS satellite broadband standard and make ViaSat primary supplier of modem chips for Asia’s iPSTAR. The deal could be completed this…

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quarter. Terms include an initial $16.5 million cash purchase price, assumption of stock options with a value to be set at closing, and additional consideration of $9 million to be paid in cash and/or stock if ECC meets certain performance targets the next 2 years, ViaSat officials said.