News Analysis

Doha, Qatar, March 20, 2014- Qatar satellite company Es’hailSat, today announced that a Request for Proposals (RFP) has been issued for the design and manufacture of the company’s second satellite, Es’hail 2. The new satellite will be positioned at the 26 degrees East hotspot position for TV broadcasting will add to the company’s ability to provide high quality, premium DTH television content across the Middle East and North Africa.

Hong Kong, China, March 20, 2014-- Asia Satellite Telecommunications Holdings Limited reported that turnover was down 16% and profits attributed to shareholders  down 4% for the year ended 31 December 2013 from the previous year. Turnover from continuing operations in 2013 was HK$1,498,631,000 (approximately US$ 194,822,000) and profits attributed to shareholders was HK$747,520,000.  

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.

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.

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.

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.

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.

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.

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.

Arzen, Germany, March 10, 2014--CET Teleport is merging  with the Limeline Group and all of the companies in the two organizations are to be rebranded under the "Onlime Group." The expanded business will have offices in Germany, UK, India, Sierra Leone, Angola, DR Congo, South Africa and UAE, with several more in the pipeline.