# Maxar Technologies exercises option to acquire Saab's shares in Vricon

Saab divests all its shares in the joint venture Vricon Inc. to Maxar Technologies for 117 MUSD. The transaction is expected to close by July 15, 2020.

- Type: Acquisition
- Announced: 2020-06-25
- Where: United States
- Value: $117.0M
- Status: announced

## Companies

- [Saab AB](https://endata.com/companies/9708.md) (partner)
- [Maxar Technologies](https://endata.com/companies/18849.md) (acquirer)
- [Vricon Inc.](https://endata.com/companies/48123.md) (target)

## Sources

- [saab.com](https://www.saab.com/newsroom/press-releases/2020/saab-confirms-divestment-of-shares-in-vricon), 2020-06-25: "Saab has now received a call option exercise notice from Maxar Technologies, Saab’s partner in the joint venture company Vricon Inc., to acquire all Saab’s shares in the company."
- [businesswire.com](https://www.businesswire.com/news/home/20200701005850/en), 2020-07-01: "Maxar Technologies today announced that it has completed its previously announced acquisition of 3D data and analytics firm Vricon, Inc., for approximately $140 million."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.