Communications & Power Industries LLC (CPI) today acquired ASC Signal Corporation, which designs and builds advanced satellite communications, radar and high-frequency antennas and controllers. ASC Signal's high-performance antennas are used in commercial and government satellite communications, terrestrial communications, imagery and data transmission, and radar and intelligence applications.
Under the acquisition agreement, CPI acquired ASC Signal from Resilience Capital Partners.
SES S.A. (NYSE Paris:SESG) (LuxX:SESG) sees important steps and a continuous strong drive towards an accelerated uptake of Ultra HD – also known as 4K – by consumers, broadcasters and the industry.With the first Ultra HD channels on air, the innovative technology that allows for four times the resolution and picture sharpness of HD is gaining traction, especially in Europe, North America and Asia.
The Spanish satellite telecommunications operator HISPASAT will continue to drive services offered from the 55.5º West orbital position, thanks to the successful launch of the Intelsat 34 satellite on August 20th of this year from the European launch base at the Guiana Space Centre, located in French Guiana. Through these actions, the operator will strengthen its position in this crucial region, with a strong focus on Brazil, and continue to meet the growing demand for telecommunications services in Latin America.
Ericsson (NASDAQ:ERIC) today announced its agreement to acquire Envivio (NASDAQ:ENVI), by means of a tender offer for a price of US$ 4.10 per share in cash, or approximately US$ 125 million in the aggregate. The acquisition will strengthen Ericsson as a global innovator in enabling customers to deploy new technologies and agile video processing to innovate new services that engage TV consumers every day.
The call for entries for the HISPASAT 4K International Festival will on September 23rd. The competition is open to films produced in any country and in any genre (fiction, documentary, experimental, music video, institutional, etc.) with a maximum duration of 20 minutes, and shot and produced in 4K format.
Highlighting the rise in consumers' appetite for multiplay services, the TV industry has seen several providers merge and others invest heavily in broadcast rights. Multiplay services have made huge advances across Europe, with the US to follow, says global analyst firm CCS Insight. However, ahead of this year's IBC event in Amsterdam, the company warns that the TV industry will continue to face major disruption as Web brands and traditional TV providers fight to be the first to launch live TV programming in 4K.
Amazon Web Services, Inc. (AWS) today announced that it has reached an agreement to acquire Elemental Technologies, Inc., a software-defined video solutions for multiscreen content delivery provider. The acquisition brings together Elemental’s leading video solutions with the AWS Cloud platform to provide media and entertainment companies with a range of integrated solutions to efficiently and economically scale video infrastructures as the media industry increasingly moves to internet based delivery.
Net Insight, a provider of live, interactive and on-demand media transport, today announces the acquisition of the US software company VizuAll Inc, trading under the name of ScheduALL.
Inmarsat (LSE:ISAT.L), has confirmed the successful launch of its third satellite in the transformational Global Xpress (GX) constellation.
Asia Satellite Telecommunications Holdings Limited (‘AsiaSat’ – SEHK: 1135), today announced its 2015 interim results for the six months ending June 30, 2015. 1st Half 2015 turnover was HK$ 641 million, down 8% compared to same period last year primarily due to lower short-term revenue generated in the current period.
Contracts on hand as ofJune 30, 2015 was valued at HK$3,645 million.
