News Analysis

Vislink PLC Acquires Pebble Beach Systems

London, UK, March 19, 2014--Vislink plc  today announced that it has completed the acquisition of Pebble Beach Systems for a total consideration of £14.9 million (approximately US$ 24.8 million), comprising £12.9 million payable in cash and £2.0 million represented by the issue of 4,700,904 new Vislink ordinary shares at a price of 42.545 pence per share, being the average mid-market closing price of Vislink's shares for the last 25 business days before, but not including, the day of completion.

Harris Broadcast Splits into Imagine Communications and GatesAir

New York City, March 18, 2014--Harris Broadcast has announced plans to split into two, under the new brands of Imagine Communications and GatesAir. Imagine Communications will be headquartered in Dallas, with Centers of Excellence in Denver, Toronto, Los Angeles, Tel Aviv and Beijing.  Harris Broadcast made the announcement at its inaugural MediaDay held at Madison Square Garden in New York City.

Thales Acquires LiveTV

Melbourne, Fla., March 14, 2014--Thales signed a binding agreement to acquire LiveTV, JetBlue’s fully-owned subsidiary for a total of US$ 400 million dollars. The sale which is subject to regulatory and other approvals is expected to be completed in mid-2014.

C-COM Reports 9th Consecutive Profitable Year in Fiscal 2013

Ottawa, Canada, March 12, 2014--C-COM Satellite Systems Inc.  a global provider of mobile auto-deploying satellite antenna systems, announced today that  for the fiscal year ended November 30, 2013 revenues have increased by 16.4% to CDN $15,573,798 and the company generated a net after tax profit of CDN $3,473,371 or 10 cents per share, This represents an increase of 30.3% from last year, when total revenues were CDN $13,385,324 and there was a net after tax profit of $2,665,491 or 8 cents per share.

ORBCOMM Acquires Euroscan

Rochelle Park, NJ, March 12, 2014 – ORBCOMM Inc. a provider of Machine-to-Machine (M2M) solutions, today announced that it has completed the acquisition of Euroscan Holdings, B.V, a supplier of refrigerated transportation temperature compliance recording systems. Based in the Netherlands, Euroscan’s integrated turn-key systems are used worldwide to ensure the safe and secure transportation of food and pharmaceuticals by monitoring and assuring temperature compliance throughout the supply chain.

Globalstar Announces 2013 Fourth Quarter and Annual Results

Covington, Louisiana, March 10, 2014--Globalstar, Inc.  today announced its financial results for the three-month and twelve-month periods ended December 31, 2013. Highlights include significant increases in total revenue; increases in Duplex metrics such as subscriber additions, service revenue and ARPU; and a substantial increase in adjusted EBITDA.

Ross Video Acquires ADS

Iroquois, Ontario, Canada, March 10, 2014 – Ross Video has acquired Automated Data Systems (ADS) of La Crosse, Wisconsin, USA. ADS is known for innovative, feature packed and easy to use solutions for data delivery, automation and broadcast production requirements – their main product line being EZNews.

SATMEX Rebrands as Eutelsat Americas

Paris, France, March 7, 2014 — Eutelsat Communications  announces that Satelites Mexicanos (Satmex), which Eutalsat purchased in January this year has been renamed Eutelsat Americas. Headquartered in Mexico City and satellite control facilities in Hermosillo and Mexico City,  Eutelsat Americas will be part of a worldwide satellite group it will enable a broad portfolio of video, data, telco and broadband clients to benefit from Eutelsat’s global presence, services, technologies and expertise as well as access to its existing and future satellites, according to Eutelsat.

Comtech Telecommunications Corp. Announces Results for the Second Quarter of Fiscal 2014

Melville, NY,  March 6, 2014--Comtech Telecommunications Corp.today reported net sales for the second quarter of fiscal 2014  of  US $85.5 million compared to US$ 74.6 million for the second quarter of fiscal 2013. The period-over-period increase reflects higher sales in the Company's telecommunications transmission and RF microwave amplifiers segments, partially offset by lower sales in its mobile data communications segment.

International Markets Boost Hispasat Revenues

Madrid, Spain, March 5, 2014--HISPASAT, the Spanish satellite operator, reported 201.4 million euros in revenues in 2013, a increase of  0.57% from 2012. Excluding the adverse exchange rate effect, this increase would have been 4.35%, mainly due to the increased sales results from markets outside of Spain.