Satellite communications firm Viasat is buying communications networking and solutions integration specialist RigNet in an all-stock deal valued at $222 million. The move is part of Viasat's efforts to expand its business with enterprise customers that need connectivity and networking systems at remote locations. "We have broad experience integrating broadband connectivity and networking capabilities in the most challenging environments—gained from our global deployment of more than 1,200 onshore and offshore sites and 11,000 Industrial Internet of Things (IIoT) sites," noted RigNet CEO Steven Pickett. "This combination also represents an outstanding opportunity for us to accelerate both the investment in and the adoption of our digital transformation solutions more rapidly outside of our core oil & gas vertical," he added in this official announcement.