Americas Markets - Latest Developments


Campbell, Calif. , December 20, 2013

Market research firm Infonetics Research released excerpts from its Broadcast and Streaming Video Equipment and Pay TV Subscribers report, which tracks pay-TV subscribers and video equipment sold to telco IPTV, cable, and satellite TV providers.

McLean, VA, December 20, 2013

Aireon LLC, the developer of the world's first satellite-based global air traffic surveillance system, has entered into binding agreements with three new investors and major Air Navigation Service Providers (ANSPs): ENAV (Italy), the Irish Aviation Authority (IAA), and Naviair (Denmark) for US$120 million in new equity into Aireon.

London, UK, December 19, 2013

Astrium and Inmarsat have reached a strategic distribution partnership agreement which will see Global Xpress services made available to Astrium Services’s large partner and customer base. Astrium Services will deliver Global Xpress high-speed broadband services through its worldwide distribution channels. The strategic agreement will cover key vertical markets, including the maritime as well as the government and defence sector, initially in Europe.

London, UK, December 18, 2013

Inmarsat today announces the acquisition of the business and substantially all of the assets of Globe Wireless LLC  Headquartered in Palm Bay, Florida, Globe Wireless is a  provider of value-added maritime communications services to the shipping market. 

Pittsburgh, PA, December 17, 2013

NEP Group Inc. announced today that it has entered into a definitive agreement to acquire Global Television  from Catalyst Investment Managers. Financial terms were not disclosed. The transaction brings together US-based NEP and Australia’s Global Television, uniting two of the world’s most experienced and successful television technical services companies.

London, UK – December 17, 2013

NSR's Broadband Satellite Markets 12th Edition report, released today, forecasts the entire broadband satellite market’s installed base of VSAT sites, broadband access subscribers, trunking and backhaul sites will increase by just over 5 million by 2022 and generate US$9.9 billion in revenues. Fully 87% of this growth will come from new subscribers to satellite broadband access services with the North American, Western European and Latin American markets leading the way.

Palo Alto, Calif., Dec. 11, 2013

CPI International Holding Corp., the parent company of CPI International, Inc. (CPI), has reported increased orders, sales, backlog, net income and adjusted EBITDA in fiscal 2013. CPI said it booked orders totalling US$ 464 million, an increase of 21 percent from theUS $383 million booked in the previous year, with orders for defense and communications products increasing by double digits.

New York City, December 11, 2013

IEEE GLOBECOM 2013 being held from December 9 – 13 in Atlanta, Georgia, was highlighted on Tuesday evening by the Dialogue with Industry Executives featuring the perspectives and visions of senior communications professionals representing leading Atlanta-based communications organizations. Tino Mantella, the president of the Technology Association of Georgia and session’s moderator, led the discussion that focused on topics ranging from new big data, video delivery and connectivity trends to industry employment tips and the emerging use of drones in consumer communications.

Hauppaugge, NY, December 11, 2013

Globecomm Systems Inc. a leading communications solutions provider, announced today that an investor group led by Wasserstein & Co. has successfully completed the previously announced acquisition of Globecomm.  As a result of the merger, each share of Globecomm common stock (other than shares held by Globecomm as treasury stock and shares as to which holders properly exercised dissenters’ rights) was converted into the right to receive $14.15 in cash, without interest, and Globecomm’s common shares will no longer be publicly traded.

Melville, N.Y., Dec. 9, 2013

Comtech Telecommunications Corp. has reported lower net sales for the first quarter of fiscal 2014 because of lower sales in its RF microwave amplifiers and mobile data communications segments. Comtech said net sales for the first quarter ended October 31, 2013 reached US$ 83.4 million compared to $91 million for the first quarter of fiscal 2013. But the company said it also experienced a surge in the sale of its telecommunications transmission segment.