News Analysis

Belden Makes Binding Offer to Acquire Grass Valley for US$ 220 million

St. Louis, MO, February 6, 2014-- Belden has submitted a binding offer to purchase privately held Grass Valley, a leader within the broadcast market, for US$ 220 million. The binding offer is subject to consultation with Grass Valley’s foreign labor works council. Grass Valley provides innovative technologies including production switchers, cameras, servers, and editing solutions within the mission critical applications of broadcast customers.

Ericsson Purchases Azuki Systems

Stockholm, Sweden, February 6, 2014--Ericsson today announced it has entered into an agreement to acquire Massachusetts-based Azuki Systems, Inc., a provider of TV Anywhere delivery platforms for service providers, content owners and broadcasters.

Wegener to be Acquired by Novra Technologies

Atlanta, GA, February 5, 2014--Wegener today announced that it will be acquired by Novra Technologies in an all stock transaction. This transaction is subject to Novra's due diligence, the approval of Wegener Corporation shareholders, and other terms and conditions. Wegener Corporation previously announced that the Board of Directors had unanimously approved a Term Sheet for the acquisition. Novra Technologies, Inc. will also acquire privately held Westport Research Associates, Inc. of Raytown, MO.

First Global Xpress® Satellite Achieves Key Milestone

London, UK, February 4, 2014--Inmarsat today announced that Inmarsat-5 F1, the first in its fleet of three Global Xpress (GX) satellites, has successfully completed its orbital deployment stages on schedule.  Inmarsat and Boeing engineers, working from Inmarsat’s GX teleport in Nemea, Greece, are now beginning a month of comprehensive payload testing, in preparation for commencing live end-to-end testing of the high-speed, mobile broadband GX connectivity services, scheduled to start in March.

RigNet Completes Acquisition of Inmarsat's Energy Broadband Business

Houston, Tex., February 3, 2014--RigNet has completed a strategic transaction with Inmarsat involving the sale of substantially all of Inmarsat's Energy Broadband business to RigNet and the appointment of RigNet as a Value Added Reseller of Inmarsat's Global Xpress (GX) service and as a Distribution Partner for Inmarsat's L-band services to the energy sector worldwide.RigNet has acquired Inmarsat's Energy Broadband business for US$25 million in cash.

EBU And Newtec Sign Multimillion Euro Contract

Geneva, Switzerland, February 3, 2014-- Satellite communications specialist Newtec and the operator of the world’s largest satellite and fiber live video network, the European Broadcasting Union (EBU), have signed a multimillion-euro contract. The deal is to deploy Newtec’s satellite broadcast solutions as part of the EBU’s major pan-European news exchange network.

Skyline Communications Report Record Growth

Izegem, Belgium, February 3, 2014 – Skyline Communications, a provider of end-to-end multi-vendor network management solutions for the IPTV, satellite, HFC broadband and broadcast industry, announced record sales figures for 2013 at its annual employee event last week. The company reported that it has achieved revenue growth averaging 25% per year in the last ten years.

The February 2014 issue of the Satellite Executive Briefing magazine

 

The February  2014 issue of  the  Satellite Executive Briefing magazine  sponsored by The Spaceconnection  is now available.  Featuring:

CES 2014: What it Means for the Satellite Industry  by Elisabeth Tweedie

The "Death" of Fiber by Lou Zacharilla

The Launch Industry Heats Up  by Virgil Labrador

The Satellite Industry Agenda 2014 by Martin Jarrold

plus Market Briefs, Executive Moves, Vital Statistics and Satellite Markets and Research 25TM Stock Index  and many more.   Click here to read or download the file

Eutelsat and SES Settle their dispute at the 28.5 degrees East Orbital Position

Luxembourg, January 30, 2014--Satellite operators Eutelsat and SES announced today that they have concluded a series of agreements including a comprehensive settlement concerning the right to operate at the 28.5 degrees East orbital position and long-term commercial as well as frequency coordination elements.

Boeing Reports Record 2013 Revenue

Chicago, Il. January 29, 2014--The Boeing Company reported fourth-quarter revenue of US$ 23.8 billion and core earnings per share (non-GAAP) that increased 29 percent* to US$ 1.88, driven by strong performance across the company's businesses and higher deliveries.