Sydney, Australia, Nov. 6, 2017--Speedcast International Limited (ASX: SDA) a provider of fully managed, remote communication and IT solutions, today announced it has completed the previously announced 100% acquisition of UltiSat in a cash transaction of up to US$ 100 million, payable over two years and subject to ongoing financial performance. The closing is effective as of November 1, 2017.
Amman, Jordan, October 13, 2017--Moving to consolidate its presence in the Middle East, Eutelsat has acquired Noorsat, one of the leading satellite service providers in the Middle East, from Bahrain’s Orbit Holding Group, in a deal valued at US$ 75 million (€63.4m).
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plus ITU Telecom World2017 Show report,Mergers and Acquisitions, Executive Moves,Market Briefs, Vital Statistics,Satellite Markets 20 Stock Index and many more. Click here to read or download the file
Dulles, Va., Sept. 18, 2017–Northrop Grumman Corporation (NYSE: NOC), a leading global security company, and Orbital ATK, Inc. (NYSE: OA), a global leader in aerospace and defense technologies, today announced they have entered into a definitive agreement under which Northrop Grumman will acquire Orbital ATK for approximately $7.8 billion in cash, plus the assumption of US$1.4 billion in net debt. Orbital ATK shareholders will receive all-cash consideration of $134.50 per share. The agreement has been approved unanimously by the Boards of Directors of both companies. The transaction is expected to close in the first half of 2018 and is subject to customary closing conditions, including regulatory and Orbital ATK shareholder approval.
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plus WSIS 2017 Show report,Mergers and Acquisitions, Executive Moves,Market Briefs, Vital Statistics,Satellite Markets 20 Stock Index and many more. Click here to read or download the file
London,UK, Aug 29, 2017- Speedcast International Limited (ASX:SDA), a provider of fully managed, remote communication and IT solutions, today announced its financial results for the six-month period ended June 30, 2017, with group revenues of US$ 246.3 million, a 143% period-on-period increase.
Petah Tikva, Israel , August 8, 2017 – Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a leader in satellite networking technology, solutions and services, today reported its results for the second quarter ended June 30, 2017.
Tysons Corner, Va., July 27, 2017 Satellite operartor Intelsat S.A. (NYSE: I), today announced financial results for the three months ended June 30, 2017. Intelsat reported total revenue of US$ 533.2 million and a net loss attributable to Intelsat S.A. of US$ 23.8 million for the three months ended June 30, 2017.
Ottawa, Canada, July 25, 2017-Telesat Canada today announced its financial results for the three and six-month periods ended June 30, 2017. For the quarter ended June 30, 2017, Telesat reported consolidated revenues of CDN $226 million, or a decline of 3% ($6 million) from the same period in 2016.
Washington D.C., July 24, 2017-- Speedcast International Limited (ASX: SDA), today announced it has entered into a definitive agreement to acquire UltiSat for a purchase consideration of up to USD$100 million, payable over two years and subject to the ongoing financial performance of the company. UltiSat is a leading provider of remote communications and professional services to governments, in particular the US government, and to international government organizations (IGOs) and non-governmental organisations (NGOs). The acquisition strengthens Speedcast?s position in the government and NGO sectors, complementing Speedcast?s government activities in Australia, Asia, Europe and Latin America.