Global Markets - Latest Developments
Inmarsat (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.
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.
Amino Technologies plc. a provider of digital entertainment solutions for IPTV, OTT and in-home multimedia distribution, announced audited results for the fiscal year ended 30 November 2014. Revenues were in line with expectations at £36.2m (2013: £35.9m) with return to growth in the second half. Gross margin was up 1 percentage point to 46.3% (2013: 45.3%)
Other highlights include:
- EBITDA before exceptional items increased by 11% to £6.7m (2013: £6.0m)
- Profit before exceptional items and tax increased by 23% to £4.2m1 (2013: £3.4m)
Speaking on behalf of the international satellite community, Michel de Rosen, CEO of Eutelsat, today warned African states of the consequences for the continent if C-band resources are reallocated to mobile operators. de Rosen was speaking to delegates from African countries gathered in Nigeria for a meeting organised by the African Telecommunication Union (ATU) to prepare for the World Radiocommunication Conference scheduled to take place in Geneva from 2 to 27 November 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.
Imagine Communications today announced it has signed a definitive agreement to acquire the assets of RGB Networks, Inc., a provider of multiscreen video delivery solutions based in Sunnyvale, California. The transaction, subject to customary approvals and closing conditions, will include the majority of RGB Networks’ employees.
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.
SES S.A. (NYSE Euronext Paris and Luxembourg Stock Exchange: SESG) announced today that the company has selected Arianespace to launch the powerful new hybrid communications satellite, SES-12, on board an Ariane 5 booster from the European Space Center in Kourou, French Guiana, during Q4 2017. This will be the 40th launch of an SES spacecraft on board an European Ariane launch vehicle.
New research released at CASBAA’s Indonesia in View 2015 conference explored funding links between the banned gambling and pornography industries, and the online piracy websites they use to attract young viewers.
Russian President Vladimir Putin supported Prime Minister Dmitry Medvedev’s proposal to merge Roscomos and the United Rocket and Space Corporation into a single state-run company, which will also be called Roscosmos according to Russian news agency TASS.
The current Director-General of the United Rocket and Space Corporation, Igor Komarov, will be heading the new company.
