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GILT - Comtech: Merger With Gilat Will Be Highly Beneficial
Gilat Satellite Networks Ltd.
This is a brilliant move by Comtech (CMTL) which has a strategy to drive growth through acquisitions. Combined with Gilat (GILT) which is also one of its competitors for mobile backhaul, expected sales are estimated to reach $1 billion. To understand how this figure is reached, I deep dive into the details of the acquisition in terms of the technological specifics and identify the merger synergies. In addition to benefits, I also explore the challenges for this fusion to be materialized as well as risks posed by COVID-19.