Thales has finalised its US$399m acquisition of LiveTV from JetBlue. As part of the arrangement, the two companies will form a partnership that focuses on innovation for both passengers and airline operations.
The acquisition of LiveTV, which provides solutions for passenger connectivity, live television and wireless video services, is part of Thales’s strategy to strengthen its IFEC product and service offering, with connectivity as a key driver. Thales hopes that LiveTV’s technology will enhance its delivery of fast connections while meeting airline needs for greater operational efficiency, as well as increasing its operational footprint in the USA and enhancing its global IFEC presence.. LiveTV has equipped more than 700 aircraft worldwide with a range of connectivity products.
Alan Pellegrini, CEO of Thales USA stated, “Our evolving product and service portfolio will enable airlines, on any fleet size, aircraft type or route structure, to offer their passengers a highly robust connected experience before, during and after flight. The capabilities we now have strengthen our foundation as both a leading IFE and Connectivity systems manufacturer and connectivity service provider.”
Robin Hayes, president of JetBlue referenced the additional benefits of the deal to the airline, “JetBlue was careful to find a buyer that will be a key partner in advancing IFEC solutions. I am confident that Thales will continue to deliver innovation and long-term value.”
With more than 500 employees and projected revenues for 2014 estimated at over US$150m, Florida-based LiveTV is now a wholly- owned subsidiary of Thales USA, reporting to Dominique Giannoni, vice president Thales IFEC business.
