News Analysis

Eutelsat Acquires Noorsat

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).

The Satellite Antenna Market Is Expected to Be Valued at US$ 2.05 Billion in 2017, and is Projected to Reach US$ 2.99 Billion by 2022

Dublin, Ireland, October 10, 2017--The Satellite Antenna Market Is expected to be valued at  US$ 2.05 Billion in 2017, and is projected to reach US$ 2.99 Billion by 2022 accoring to a recent research study by Research and Markets.  The C, K/KU/KA band segment is projected to lead the satellite antenna market during the forecast period.

The October 2017 issue of the Satellite Executive Briefing magazine

The October 2017  issue of  the  Satellite Executive Briefing magazine  focusing on Satellite Market Trends sponsored by Advantech Wireless is now available.  Featuring:

Satellite Market Trends by Elisabeth Tweedie

The Pursuit of Continuous Connectivity by Paul Scardino and James Brown

Teleport  Operators and the OTT Media Opportunity by Robert Bell

plus ITU Telecom World 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

Northrop Grumman to Acquire Orbital ATK for US$ 9.2 Billion

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.

The September 2017 issue of the Satellite Executive Briefing magazine

The September 2017  issue of  the  Satellite Executive Briefing magazine  focusing on the European Broadcast Market sponsored by Gazprom Space Systems is now available.  Featuring:

European Satellite Broadcast Market Update  by Elisabeth Tweedie

Aeronautical Market  by Bernardo Schneiderman

Executive Spotlight interview with Jarbas Valente, President, Telebras

The Future of the 'Future'  by Lou Zacharilla

Fly By Wi-Fi for InFlight Connectivity, or... by Martin Jarrold

Featured Company: Gazprom Celebrates its 25th Anniversary

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

Artel Acquires ARG ElectroDesign Intellectual Property

Westford, Mass, August 29, 2017--Artel Video Systems today announced the acquisition of selected intellectual property from ARG ElectroDesign. 
 The transaction provides Artel with core IP switch technology from the Quarra 1G and 10G IP Switch family. In addition, Artel will take over the Automatic Repeat Query (ARQ) product line, which serves Reliable Internet Streaming Transport (RIST) for video applications.

SpeedCast Achieves 143% Revenue Growth for 1st Half 2017

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.

HPS Investment Partners Acquires Globecomm

Hauppagge, NY, August 9, 2017--Globecomm Systems Inc., a service provider designing, integrating, and operating complex communication solutions differentiated by capabilities in satellite and wireless, announced today that an investor group led by HPS Investment Partners, LLC and funds managed by Tennenbaum Capital Partners, LLC  have entered into a definitive agreement to acquire Globecomm from a New York-based private equity firm. Terms of the transaction were not disclosed. 

Gilat Reports Continued Improvement in Profitability in Q2 2017 and Raises 2017 Adjusted EBITDA Objective to US$ 22 to US$ 26 Million

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.

Discovery Acquires Scripps Networks Interactive for US$ 14.6 billion

Silver Spring, Md, August 1, 2017 – Discovery Communications, Inc. (Nasdaq: DISCA, DISCB, DISCK) and Scripps Networks Interactive, Inc. (Nasdaq: SNI) (“Scripps”) today announced that they have signed a definitive agreement for Discovery to acquire Scripps in a cash-and-stock transaction valued at US$ 14.6 billion, or $90 per share, based on Discovery’s Friday, July 21 closing price. The purchase price represents a premium of 34% to Scripps’ unaffected share price as of Tuesday, July 18, 2017. The transaction is expected to close by early 2018.