News Analysis

Airport City Business Park, Israel, Sept. 3, 2013 — RRsat Global Communications Network Ltd. has acquired JCA, a London-based provider of content management services, which has an impressive track record of growth and revenues of almost US$ 10 million last year. RRsat, which provides global, end-to-end, content management and distribution services to the rapidly expanding television and radio broadcasting industries, said the acquisition is fully aligned with the company’s growth strategy of becoming a global company with local presence in key locations.

Baikonur, Kazakhstan, September 1, 2013 –AMOS-4, built by Israel Aerospace Industries (IAI) for Spacecom, was successfully launched August 31, 2013 from Baikonur Cosmodrome aboard a ZENIT - 3SLB launcher. During the coming three weeks, AMOS-4 will continue its transfer orbit until arriving at 67.25⁰ East, where In Orbit Test will be conducted before continuing to its designated permanent service location at 65⁰ East.

Ottawa, Canada, August 29, 2013--C-COM Satellite Systems Inc. announced today that it has entered into a strategic partnership with Vislink, a United Kingdom based secure communication technology provider.

Hauppauge, New York,  August 29, 2013 — An affiliate of private equity and investment firm Wasserstein & Co. has entered into a definitive agreement to acquire Globecomm Systems for US$ 14.15 per share or about US$340 million in cash.

Istanbul, August 23, 2013 — The Savings Deposit Insurance Fund of Turkey (TMSF) is considering the initiation of a tender for the sale of pay-television platform Digitürk although the process has not been finalized.

Hong Kong, 22 August 2013 — Asian satellite operator Asia Satellite Telecommunications Holdings (AsiaSat) reported a first half 2013 profit of HK$401 million (US$51.71 million), up 1.4 percent from HK$395 million (US$50.4 million) during the same period last year. The rise in profit despite a fall in revenues is mainly a result of the reduction in certain professional fees, coupled with careful management of expenditure.

Cedar Rapids, IA, August 21, 2013 — Rockwell Collins, Inc. is acquiring ARINC Inc., a communications engineering and information processing solutions company, for US$ 1.39 billion.

Houston, Tex., August 22, 2013-- Kohlberg Kravis Roberts & Co. L.P., a global investment firm, today announced the signing of a definitive agreement under which funds advised or controlled by KKR are acquiring a significant minority stake in RigNet from Cubera, an investment firm specializing in the Nordic private equity market.

Petah Tikva, Israel, Aug. 19, 2013-- Gilat Satellite Networks Ltd. today announced that it has entered into a definitive agreement to sell its Spacenet Inc.  subsidiary to Tulsa, Oklahoma-based SageNet. The aggregate consideration for the sale is approximately US $16 million, subject to certain post-closing adjustments and expenses.