News Analysis

Harris Corporation Reports Fiscal 2014 Second Quarter Results

Melbourne, Florida, January 29, 2014 — Harris Corporation reported revenue in the second quarter of fiscal 2014 of US$ 1.22 billion and income from continuing operations of US$ 137 million, or US$ 1.27 per diluted share. Income from continuing operations in the prior year was US$ 142 million, or US$ 1.25 per diluted share. Orders in the second quarter were US$ 1.47 billion compared with US$ 1.36 billion in the prior year and book-to-bill for the company was 1.20.

One billion TV-Centric Connected Devices Now in Homes

Bedfordshire, UK, January 28, 2014The global installed base of TV-centric connected devices surpassed one billion units in 2013 and will exceed two billion by 2017, driven by smart TV, IP-enabled set top boxes, game consoles, Blu-ray players and low cost digital media adapters, according to the latest research from Futuresource Consulting.

Satellite Industry Interference Groups Merge

Douglas, Isle of Man, January 23,  2014 – The Radio Frequency Interference – End Users Initiative (RFI-EUI) and the Satellite Interference Reduction Group (IRG) today announced a merger, helping the two groups to better serve the industry and combat satellite interference together.
 

Discovery Takes Majority Stake in Eurosport

Silver Springs, Md., January 21, 2014--Discovery Communications and TF1 Group today announced Discovery would acquire a controlling interest in Eurosport International through an extension of their larger strategic partnership first announced in December 2012. The deal to increase Discovery’s interest from 20 to 51% accelerates the original agreement by nearly one year.

Informa Telecoms & Media’s Top Predictions for 2014

London, UK – January 20, 2014 – Informa Telecoms & Media today revealed its predictions and trends for 2014 for the telecoms and media sectors. Telecoms operator consolidation will be a recurring theme throughout 2014. In addition to in-market consolidation – Informa Telecoms & Media is seeing a slow but steady transition to three-operator mobile markets – we expect to see regional and global telecoms operator groups entering into discussions and potential deals.

Synergy Core Completes Acquisition of SDN Global

Charlotte, NC, January 17, 2014-- Synergy Core, an IT infrastructure and Cloud Solutions company, announced today that the purchase of SDN Global has been completed. SDN Global provides fixed and mobile broadband VSAT connectivity services.

SintecMedia Makes Acquistion Offer for Pilat Media

Tel Aviv, Israel, Janaury 16, 2014--SintecMedia announced a deal for the potential acquisition of Pilat Media and its merger into SintecMedia. The deal is worth approximately US$103 million. A large number of shareholders of Pilat Media have agreed to sell at the offered price and subsequently the board of Pilat Media decided to recommend the deal to all its other shareholders.

Harris Broadcast Completes Acquisition of Imagine Communications

Denver, Colo.,  Jan. 15, 2014 — Harris Broadcast, a portfolio company of The Gores Group and a m content management and network infrastructure solutions serving the global broadcast, communication service provider, government and enterprise markets, today announced it has completed the acquisition of Imagine Communications, a  digital video solutions provider that deliver bandwidth-efficient services with optimum video quality.

Machine-to-Machine Market Finally Taking Off

Montpellier,France January 14,2014–The 6th edition of IDATE’s M2M Market report, covering 2013-2017, reveals that a healthy growth rate has finally taken hold in this promising but, up until recently, underperforming market. This performance is being spurred by increased use within the main areas of application (automotive, consumer electronics and utilities) and is expected to accelerate even further over the next five years as M2M spreads to other sectors of activity.

Pace FY2013 Results Expected to be Ahead of Guidance

Saltaire, UK, January 9, 2014--Pace plc, a global developer of technologies and products for PayTV  and broadband service providers, today announces the unaudited update for the financial year  ended 31 December 2013 ahead of preliminary results to be announced on 4 March 2014.  Pace is updating its forecast of  full year results ahead of the Board’s previous guidance.  Full year revenues expected to be up 2.4% to US$ 2,460 m (2012: US$2,403.4  m).