Global Markets - Latest Developments


Rochelle, N.J., Jan 20, 2015

ORBCOMM, a global provider of Machine-to-Machine (M2M) solutions, today announced that it has completed the acquisition of InSync Software, Inc. (InSync), a  provider of Internet of Things (IoT) enterprise solutions across a broad spectrum of vertical markets, applications and customers. Headquartered in San Jose, Calif., InSync’s software powers global sensor-driven asset tracking and remote monitoring applications that allow end users, managed service providers and independent software vendors to increase asset visibility, improve operational efficiencies and reduce risk.

Washington, D.C., January 15, 2015

The National Association of Broadcasters (NAB) announced it will again present NAB Show Collaborative, a global initiative designed to support and strengthen innovation, growth and opportunity in the digital media and entertainment industry.

Neuilly-sur-Seine, France, January 15, 2014

For the quarter ended December 31, 2014, consolidated home entertainment solutions provider Netgem announced a consolidated revenue of € 14.3 million, bringing total consolidated revenue for 2014 to € 72.5 million, down 11% compared to 2013.

Over 2014, Netgem Group's development in Europe, Latin America and Asia did not offset the termination of decoders delivery in Australia in the last quarter, as announced in early October 2014. However, the group will continue to provide software maintenance for the decoders base in Australia (currently more than 700,000).

New Delhi, India, January 14, 2015

Themed as ‘Connecting India’, Exhibitions India Group is set to bring together the best minds in the ICT, media and entertainment ecosystem under one roof with the 23rd edition of Convergence India expo at Pragati Maidan, New Delhi from 21-23 January 2015. Exhibitions India Group (EIG) has been serving the Indian Information Communication Technology sector by organizing the annual International Convergence India series of expos since 1992.

Hong Kong, January 13, 2015

A research report published by Media Partners Asia (MPA) indicates that the total market for online video services across 13 countries in Asia Pacific will grow from US$ 3.5 billion in net revenues in 2014 to reach US$12.4 billion by 2020, representing a average annual growth of close to 23.5%. Advertising will contribute more than 80% to the online video pie by 2020 with the subscription revenue opportunity, largely driven by subscription video-on-demand (SVOD) platforms, growing from less than US$700 mil. in 2014 to more than US$2.3 bil. by 2020.

El Segundo, Calif., Jan. 9, 2015

Boeing [NYSE: BA] has completed production of the world’s first all-electric propulsion satellites for ABS and Eutelesat as preparations continue to launch the satellites, as a vertically stacked pair, next month.

The Boeing 702SP (small platform) satellites are affordable and lightweight, and provide more options for movement to different orbital positions. The 702SP is one of three new satellite designs Boeing has introduced in four years, the others being the 702MP and 502 Phoenix.

Dubai, United Arab Emirates, January 8, 2015

 CABSAT2014.jpgWith the Middle East and North Africa (MENA) media market expected to grow from US$16 billion in 2014 to US$24 billion in 2019 according to Strategy & Analysis,  CABSAT will examine the global impact of industry-evolving mega trends and highlight how regional companies can adopt products and strategies to drive monetisation and growth opportunities.

Nevada City, California, January 7, 2015

Telestream, a provider of live and on-demand digital video tools and workflow solutions, today announced that the private equity investment firm Genstar Capital has entered into a definitive agreement to purchase Telestream, Inc. The transaction is expected to close mid-January.

Ottawa, Canada, January 5, 2015

Orbcomm has completed the acquisition of SkyWave Mobile Communications (SkyWave), the largest M2M service provider on the Inmarsat global L-band satellite network.  Based in Ottawa, Canada, SkyWave adds more than 250,000 subscribers, 400 channel partners, annualized revenues of over US$ 60 million and Adjusted EBITDA of over US$ 12 million.

Plainview, New York, January 5, 2015

NeuLion, Inc. (TSX:  NLN),a provider of live and on-demand content to Internet-connected devices, has signed a definitive agreement to acquire DivX LLC, a  provider of next-generation digital video solutions.