MDA Acquires Vexcel Canada from Microsoft
MacDonald, Dettwiler and Associates Ltd. (MDA; Canada) has acquired Vexcel Canada Inc., a small expert company in advanced radar satellite image applications. Financial terms will not be disclosed.
Founded in 1981, Vexcel Canada is based in Ottawa, Ontario, and specialises in providing advanced products and services using the latest radar image data sources. The company is a subsidiary of Vexcel U.S. that was acquired by Microsoft in 2006.
John Hornsby of MDA said, "The acquisition of Vexcel Canada allows us to more rapidly enter the market for new applications once RADARSAT-2 is fully operational, and enhances our geospatial services business."
The company will work with MDA's Geospatial Services group.
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