Claim: Gilat Satellite Networks,  a private company headquartered in Israel that develops and sells VSAT satellite ground stations, acquired Spacenet in 1998 for US$225 million, then StarBand in 2005.
Evidence: Gilat Satellite Networks is a public company headquartered in Israel that develops and sells VSAT satellite ground stations and related equipment. Spacenet 1998 US$225 million StarBand 2005