Global 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.
Ericsson (NASDAQ: ERIC) today announces its intention to acquire FYI Television, the premier entertainment metadata and rich media content supplier based in Grand Prairie, Texas. The acquisition, which is subject to customary closing conditions, will strengthen Ericsson's already industry-leading position in broadcast and media services.
Comtech Telecommunications Corp. (NASDAQ: CMTL or “Comtech”) today announced that its wholly owned subsidiary, Typhoon Acquisition Corp.
For the quarter ended December 31, 2015, Netgem announces a consolidated revenue of € 18.2 million, bringing total consolidated revenue for 2015 to € 78.8 million, up 9% compared to 2014.
During the last quarter, Netgem won the Fast Mode 2015 #TopTechVideos, telecom’s largest web event, for its #TelcoTV multiscreen experience, linking television, smartphone and tablets.
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.
