Will Viasat's Non-Core Asset Sale for Core Focus Aid the Stock?

Viasat, Inc. (VSAT) recently completed the divestiture of its Energy Services System Integration (SI) business to a U.S.-based private investment firm, MAG Capital Partners, for an undisclosed amount. The move aligns with Viasat's ongoing strategy to actively manage its portfolio by divesting non-core assets and enhance its financial position by focusing on core business growth. VSAT’s Strategic RestructuringViasat acquired the SI business through the purchase of RigNet, Inc., a leading provider of networki ...