Americas Markets - Latest Developments
Advantech Wireless, a global leader in satellite broadband communications solutions will present details of its Second Generation Advanced GaN based SSPAs/BUCs and WaveSwitch™ “on-the-fly” SATCOM Waveform Switching Technology at AfricaCom and Global MilSatcom 2017.
The Satellite Antenna Market Is expected to be valued at US$ 2.05 Billion in 2017, and is projected to reach US$ 2.99 Billion by 2022 accoring to a recent research study by Research and Markets. The C, K/KU/KA band segment is projected to lead the satellite antenna market during the forecast period.
From today until 5 October, HISPAMAR -HISPASAT’s Brazilian satellite operator subsidiary- will present its satellite Ka band Internet solutions to the telecommunications market and to ISPs (Internet Service Providers) gathered in São Paulo, within the framework of Futurecom 2017, which is the ICT sector's largest event in Latin America.
ITU Telecom World 2017 wrapped up in Busan following a full four-day program of tech innovation showcases, debate, networking and awards. The annual event brought together representatives of nations, leading industry players and small- and medium-sized enterprises (SMEs) from around the world – fostering valuable support for innovation and business partnerships, and facilitating knowledge exchanges and networking.
Northrop Grumman Corporation (NYSE: NOC), a leading global security company, and Orbital ATK, Inc. (NYSE: OA), a global leader in aerospace and defense technologies, today announced they have entered into a definitive agreement under which Northrop Grumman will acquire Orbital ATK for approximately $7.8 billion in cash, plus the assumption of US$1.4 billion in net debt. Orbital ATK shareholders will receive all-cash consideration of $134.50 per share. The agreement has been approved unanimously by the Boards of Directors of both companies.
NAGRA, a Kudelski Group (SIX:KUD.S) company, an independent provider of content protection and multiscreen television solutions, in partnership with MTM, an international research and strategy consultancy, today published the final conclusions of the 2017 Pay-TV Innovation Forum.
Speedcast International Limited (ASX:SDA), a provider of fully managed, remote communication and IT solutions, today announced its financial results for the six-month period ended June 30, 2017, with group revenues of US$ 246.3 million, a 143% period-on-period increase.
Financial Highlights
- Group revenues grew 143% to US$ 246.3 million for the period ended June 30, 2017, while service revenues grew 165% to USD 231.9 million.
Artel Video Systems today announced the acquisition of selected intellectual property from ARG ElectroDesign.
The transaction provides Artel with core IP switch technology from the Quarra 1G and 10G IP Switch family. In addition, Artel will take over the Automatic Repeat Query (ARQ) product line, which serves Reliable Internet Streaming Transport (RIST) for video applications.
Advantech Wireless, a global leader in satellite broadband communications solutions, will present details of its Ultra HD ready Satellite Solutions for broadcast applications at SET Expo 2017 that will take place August 22 – 24, 2017 in Sao Paulo, Brazil.
Globecomm Systems Inc., a service provider designing, integrating, and operating complex communication solutions differentiated by capabilities in satellite and wireless, announced today that an investor group led by HPS Investment Partners, LLC and funds managed by Tennenbaum Capital Partners, LLC have entered into a definitive agreement to acquire Globecomm from a New York-based private equity firm. Terms of the transaction were not disclosed.
