Atlanta, Ga, Feb. 4, 2016 – DataPath, Inc. a provider of remote field communications and information technology solutions to the aerospace, government, broadcast, and infrastructure markets announced today plans to expand its customer-facing functions and international footprint, on the heels of strong 2015 growth. The expansion will include the launch of new products in the company’s portable satellite terminals business, continued development of its DataPath Services Division, as well as plans for new sales and customer service offices in the Middle East, India, Singapore and Australia.
February 1, 2016-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.
Melville, NY, January 19, 2016-- Comtech Telecommunications Corp. (NASDAQ: CMTL or “Comtech”) today announced that its wholly owned subsidiary, Typhoon Acquisition Corp. (“Merger Sub”), has extended its tender offer (the “Offer”) to purchase all the issued and outstanding shares of Class A common stock, par value $0.01 per share (the “Class A Shares”), and Class B common stock, par value $0.01 per share (the “ClassBShares”, together, with the Class A Shares, the “Shares”), of TeleCommunication Systems, Inc., a Maryland corporation (“TCS”), at a price of $5.00 per Share, net to the seller in cash, without interest thereon and less any required withholding taxes. All terms and conditions of the Offer, other than the expiration date, remain the same.
Stockholm, Sweden, January 19, 2016--Ericsson (NASDAQ: ERIC) today announces its intention to acquire FYI Television, the premier entertainment metadata and rich media content supplier based in Grand Prairie, Texas. The acquisition, which is subject to customary closing conditions, will strengthen Ericsson's already industry-leading position in broadcast and media services. FYI Television accumulates and distributes TV entertainment content and linear scheduling data from over 9,000 TV networks daily, aggregating the information into customized formats for various digital, media, content, analytics and print clients for use on their connected devices such as tablets, phones, desktops, internet portals and gaming consoles.
Suwanee, Ga., Jan. 4, 2016-- ARRIS International plc (NASDAQ: ARRS), the new parent company of ARRIS Group, Inc., today completed its US$ 2.1B (£1.4B) acquisition of Pace plc – combining the two companies' strengths in entertainment and communications delivery.
Sydney, Australia, December 29, 2015–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.
Melville, NY, December 10, 2015--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.
San Jose, Calif., December 8, 2015--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.
Tempe, Ariz., November 23, 2015--Comtech Telecommunications and TeleCommunication Systems announced today the signing of a definitive merger agreement under which Comtech will purchase TCS in a cash transaction.