On March 9th, 2023, Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a global leader in satellite networking technology, solutions, and services, announced the signing of a definitive agreement to acquire DataPath, Inc. (DPI). The acquisition of DataPath, a market leader in trusted communications for the US DoD Military and Government sectors, will be a critical component of Gilat's Defense growth strategy. The move is part of Gilat's broader initiative to expand its presence in the growing Defense market.
Naschitz Brandes Amir advised Gilat on the transaction, with partners Tuvia Geffen and Idan Lidor alongside associates Gili Aram and Adiell George. Interns Neta Kazaz, Rawi Abu Nofal, Dor Levinson, and Nadav Shaham also provided support in the transaction.
For more information on the acquisition, please refer to Gilat Satellite Networks' official press release.