The private shareholders of Stonewood Group Limited (Stonewood)have sold the company to ViaSat for US$40 million.
Stonewood is the provider of the Eclypt® and Flagstone® hardware encrypted data at rest products, and a variety of bespoke encryption systems. Stonewood markets trusted, accredited products globally to the foremost military and security organizations, public and private sectors.
ViaSat produces innovative satellite and other digital communication products that enable fast, secure and efficient communications to any location.
Oaklins Cavendish, based in the UK, advised the seller in this transaction.
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