Global Markets - Latest Developments
The global installed base of TV-centric connected devices surpassed one billion units in 2013 and will exceed two billion by 2017, driven by smart TV, IP-enabled set top boxes, game consoles, Blu-ray players and low cost digital media adapters, according to the latest research from Futuresource Consulting.
Location Based Services (LBS) market in the Asia Pacific region to grow at a CAGR of 32.98 percent over the period 2013-2018, according to a new report by Research and Markets. One of the key factors contributing to this market growth is the increasing adoption of location-enabled devices in China and Southeast Asian countries. The LBS market in the APAC region has also been witnessing the increasing demand for free LBS applications. However, the lack of knowledge about LBS among users could pose a challenge to the growth of this market.
The Radio Frequency Interference – End Users Initiative (RFI-EUI) and the Satellite Interference Reduction Group (IRG) today announced a merger, helping the two groups to better serve the industry and combat satellite interference together.
CASBAA’s first event of 2014, "Phillippines in View" took place on Tuesday, January 21 at the Edsa Shangri-La in Manila. Featuring a high profile roster of influential speakers, this informative forum explored the issues molding the local broadcasting market today through a program of keynotes and panel discussions.
Discovery Communications and TF1 Group today announced Discovery would acquire a controlling interest in Eurosport International through an extension of their larger strategic partnership first announced in December 2012. The deal to increase Discovery’s interest from 20 to 51% accelerates the original agreement by nearly one year.
Informa Telecoms & Media today revealed its predictions and trends for 2014 for the telecoms and media sectors. Telecoms operator consolidation will be a recurring theme throughout 2014. In addition to in-market consolidation – Informa Telecoms & Media is seeing a slow but steady transition to three-operator mobile markets – we expect to see regional and global telecoms operator groups entering into discussions and potential deals.
Synergy Core, an IT infrastructure and Cloud Solutions company, announced today that the purchase of SDN Global has been completed. SDN Global provides fixed and mobile broadband VSAT connectivity services.
Larry Jones, remaining founder of SDN Global has been named CEO and is now co-owner of the Charlotte based satellite services company joined by co-owner James P. Burke of McKinney, TX.
SintecMedia announced a deal for the potential acquisition of Pilat Media and its merger into SintecMedia. The deal is worth approximately US$103 million. A large number of shareholders of Pilat Media have agreed to sell at the offered price and subsequently the board of Pilat Media decided to recommend the deal to all its other shareholders.
Harris Broadcast, a portfolio company of The Gores Group and a m content management and network infrastructure solutions serving the global broadcast, communication service provider, government and enterprise markets, today announced it has completed the acquisition of Imagine Communications, a digital video solutions provider that deliver bandwidth-efficient services with optimum video quality.
The 6th edition of IDATE’s M2M Market report, covering 2013-2017, reveals that a healthy growth rate has finally taken hold in this promising but, up until recently, underperforming market. This performance is being spurred by increased use within the main areas of application (automotive, consumer electronics and utilities) and is expected to accelerate even further over the next five years as M2M spreads to other sectors of activity.
