DTV sells Control of Hughes Software

Peter Parker · Jun 8, 2004

A singaprean firm named Flextronics has made a n all cash offer. It seems that DTV is focusing on the satellite business. Will Hughes Netwoek Systems be Next?

http://biz.yahoo.com/rc/040608/tech_india_hughes_4.html

maogdamian · Jul 23, 2004

Hughes is owned by DirecTv

Peter Parker · Jul 23, 2004

That particular component is not. They sold it. That is what the article is about.

It is not uncommon to sell off some assets after a takeover.