Asia-Pacific Markets - Latest Developments
C-COM Satellite Systems Inc., (TSXV: CMI) a leading global provider of mobile auto-deploying satellite antenna systems, today announced the payment of an eligible dividend in the amount of $0.0125 per common share payable on February 26, 2016 to all shareholders of record as of February 12, 2016. Based on the closing price of $0.90 per share on January 28, 2016, this dividend represents a yield of 5.6% on an annualized basis.
Ben Sherwood, co-chairman of Disney Media Networks and president, Disney|ABC Television Group, will deliver opening remarks at the 2016 NAB Show in Las Vegas. The opening session will take place Monday, April 18, following NAB President and CEO Gordon Smith's "State of the Broadcast Industry" address. The opening event is sponsored by Blackmagic Design.
CES® 2016 wrapped today as the most expansive CES, breaking records across the board and providing unparalleled opportunities for companies big and small to launch innovation to the world market.
The 22nd edition of CABSAT - the leading platform for the broadcast, production, content delivery, digital media and satellite sectors across the Middle East, Africa and South Asia (MEASA) - will continue to drive disruptive innovation and monetisation opportunities across the MENA filmed & audio entertainment media market.
SpeedCast International Limited today announced it has signed a definitive agreement for the acquisition of NewCom International a satellite communications service provider specializing in the South and Central American regions. The acquisition opens a new growth frontier for SpeedCast in a region where satellite is widely used and SpeedCast did not have a direct presence. The acquisition will strengthen SpeedCast’s capabilities to serve and support its customers globally, including in the important and growing South American market.
The Internet of Things (IoT) trend will add US$1.7 trillion in value to the global economy by 2019, according to a Business Insider Intelligence report – which is exactly why the upcoming CommunicAsia2016 and EnterpriseIT2016 – held from May 31 to June 3, 2016 at Marina Bay Sands, Singapore – will showcase the latest and most innovative of connectivity and mobility technologies.
Harmonic (NASDAQ: HLIT), today announced it has signed a binding offer to acquire Thomson Video Networks (TVN). Under the terms of the offer which is in the form of a "put" option agreement, subject to the selling shareholders exercising the put option following a consultation process with TVN's employee works council in France, Harmonic would acquire all of TVN for approximately $75 million in cash plus up to $15 million in post-closing adjustments.
At an awards ceremony held on the first day of the SATCON Conference and Exhibition in New York City, the Fourth Annual Vision Awards announced winners in three categories: David Myers, President and CEO of Datapath won the Visionary Executive of the Year; ScheduAll’s Portal won the Innovative Product of the Year and Crystal won the Promising Company of the Year.
Comtech Telecommunications Corp. (NASDAQ:CMTL) today reported its operating results for the three months ended October 31, 2015. Net sales for the three months ended October 31, 2015 were $64.1 million compared to $76.4 million for the three months ended October 31, 2014.
ITU Telecom World 2015 closed its doors yesterday at Hungexpo, Budapest following an exceptional week of dialogue, debate, networking and showcasing. The event, which welcomed over 4,000 participants from 129 countries this week, brought together an impressive line-up of top-level government representatives, leaders of industry – from established players to SMEs (small and medium enterprises) and young start-ups, from emerging and developed markets – along with high-level representatives of international organizations, entrepreneurs, accelerators, incubators and academia.
