Americas Markets - Latest Developments


Annapolis, MD, Feb. 5, 2015

TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS), reported results for the fourth quarter and fiscal year ended December 31, 2014. Revenue was up 19% from the fourth quarter of 2013. Adjusted EBITDA of US $9.9 million (earnings before interest, taxes, depreciation, amortization, and amortization of non-cash stock-based compensation) was up 14% from $8.8 million in the year-ago quarter; this was the company's third consecutive quarter of EBITDA improvement.

Houston, Tex. Feb. 04, 2016

RigNet, Inc. (NASDAQ:RNET), a lglobal provider of managed remote communications solutions to the oil and gas industry, today announced that it has completed the acquisition of Orgtec S.A.P.I. de C.V., d.b.a. TECNOR, a  provider of telecommunications solutions and services for remote sites on land, sea and air, including a wide array of equipment, voice and data services, satellite coverage and bandwidth options in Mexico.

Singapore, February 4, 2016

Living in an on-demand world, a simple swipe of one’s mobile phone or a few clicks of the mouse can now bring consumers a plethora of content and applications. Direct to Home (DTH), IPTV and Over-the-Top (OTT) services are projected to grow in the next five years on the back of government support in infrastructure development including fibre roll-outs fueled by increased consumer demand across the Asia Pacific. The region is expected to become the world’s second largest for OTT SVOD services by 2018.

Dubai, UAE, February 3, 2015

The first IBC Content Everywhere MENA show closed its doors on a highly successful event which brought together 1,451 thought leaders from the Middle East, North Africa and beyond. There are dramatic changes in the way that we create, share, consume and monetise content, and the most pressing topics were covered at IBC Content Everywhere MENA.

Miami, Fl., February 3, 2015

Emerging Markets Communications (EMC), a satellite and terrestrial communications services provider, announced that  it acquired General Industry Systems (GIS) AS, a Norwegian-based provider specializing in energy and maritime connectivity services for offshore operations. The consolidated portfolio of products, services, experience, locations and engineers of the companies strengthens EMC’s energy and maritime business segments.

 inmarsat5-f2-launch.jpegInmarsat (LSE:ISAT.L), announces the successful launch of its second Global Xpress (GX) satellite (Inmarsat-5 F2) on board an International Launch Services (ILS) Proton Breeze M rocket launched from Baikonur Cosmodrome in Kazakhstan on Sunday, February 1st at 12:31 GMT.

Abu Dhabi, UAE, February 2, 2015

Ericsson (NASDAQ:ERIC) has strengthened its partnership with twofour54, the commercial arm of the Media Zone Authority - Abu Dhabi, through the acquisition of its current playout business, initially providing playout services for nine different channels.

The agreement, which comes as part of a long-term partnership, recognizes the important role of the private sector in supporting twofour54 in building Abu Dhabi's media industry ecosystem. For Ericsson, the acquisition provides an ideal springboard for its expansion into the region from its base in Abu Dhabi.

Dulles, VA, January 27, 2015

Orbital Sciences Corporation (NYSE: ORB) today announced that at a special meeting held this morning, the company’s stockholders voted overwhelmingly to approve the proposed merger with the Aerospace and Defense Groups of Alliant Techsystems Inc. (NYSE: ATK), pursuant to the definitive transaction agreement dated April 28, 2014. 

Hauppauge, NY, January 23,2015

L-3 Communications (NYSE:LLL) announced today that it acquired the assets of MITEQ, Inc. for U$ 41 million..The business will be combined with L-3’s Narda Microwave-East business located in Hauppauge, N.Y., and the new organization will be called L-3 Narda-Miteq.

Rochelle, N.J., Jan 20, 2015

ORBCOMM, a global provider of Machine-to-Machine (M2M) solutions, today announced that it has completed the acquisition of InSync Software, Inc. (InSync), a  provider of Internet of Things (IoT) enterprise solutions across a broad spectrum of vertical markets, applications and customers. Headquartered in San Jose, Calif., InSync’s software powers global sensor-driven asset tracking and remote monitoring applications that allow end users, managed service providers and independent software vendors to increase asset visibility, improve operational efficiencies and reduce risk.