CommScope (NASDAQ: COMM), a global leader in infrastructure solutions for communications networks, has agreed to acquire ARRIS International plc (NASDAQ: ARRS), a global leader in entertainment and communications solutions, in an all-cash transaction for $31.75 per share, or a total purchase price of approximately US$ 7.4 billion, including the repayment of debt.
DishTV to Deploy Newtec Technology to Achieve Significant Efficiency Gains Across Indian Market
More...Newtec, a specialist in the design, development and manufacture of equipment for satellite communications, is providing its M6100 Broadcast Satellite Modulator to enhance efficiency on DishTV’s Direct-to-Home (DTH) platform. DishTV is the largest DTH service provider in India and the world’s largest single-country DTH company. The M6100 is part of a wider upgrade that will enable a next-generation viewing experience for its customers. The modulators will provide DishTV with significant cost efficiencies through better bandwidth utilization.
AVIWEST, a global provider of video contribution systems, announced today that the company saw a 20 percent acceleration in purchase order growth in 2018. AVIWEST also announced it will be expanding across the United States, Europe, and India, with new engineering positions currently open in the company's R&D, support and pre-sales, and sales departments.
Hispasat Partners with ATRESMEDIA Foundation in Broadcasting FAN3 Channel to Hospitalized Kids
More...Hispasat, the Spanish telecommunications-based satellite operator, has renewed its agreement with the ATRESMEDIA Foundation to collaborate in broadcasting the FAN3 television channel via satellite, dedicated to hospitalized children. The initiative forms part of the Foundation's “Humanizing Children’s Hospitals” Program.
Boeing Reports Record Revenue of $28.3 Billion in 4Q 2018, Posts 16% Revenue Growth in Defense, Space and Security Segment
More...Boeing Company [NYSE: BA] has reported fourth-quarter revenue of US$ 28.3 billion and GAAP earnings per share of US$ 5.93 on record commercial deliveries, higher defense and services volume, and strong performance. In the company’s Defense, Space & Security segment, fourth-quarter revenue increased to US$ 6.1 billion driven by increased volume across F/A-18, satellites, and weapons. Fourth-quarter operating margin increased to 10.9 percent, primarily reflecting favorable mix.
Harris Corporation (NYSE: HRS) reported fiscal 2019 second quarter revenue of US$ 1.7 billion, up 9% compared with the prior year. GAAP earnings per diluted share (EPS) from continuing operations increased 74% to US$ 1.88, and non-GAAP EPS increased 19% to US$ 1.96. Net income increased 72% to US$ 225 million, and adjusted earnings before interest and taxes increased 18% to US$ 327 million with margin expansion of 150 basis points (bps).
Science Applications International Corp. (NYSE: SAIC) has announced the successful completion of its merger with Engility Holdings, Inc. (NYSE: EGL). The merger was previously approved by SAIC and Engility stockholders at special meetings held on Jan. 11, 2019.
Under the terms of the merger agreement, Engility became a wholly-owned subsidiary of SAIC. The combined company will retain the SAIC name and continue to be headquartered in Reston, Virginia with Tony Moraco as CEO.
Satellite communications innovator and space gateway Goonhilly Earth Station today announced that data centre industry veteran Chris Roberts has joined its executive team as head of data centre and cloud.
The global Satellite M2M Communications market is projected to exceed US$1.9 billion by 2022 in service revenues, driven by reducing cost and complexity of M2M implementations and the resulting rise in adoption; and expanding remote asset tracking, monitoring and control applications according to a new report by Research and Markets.
Digital Ship and the GVF-EMP Partnership have announced a collaborative cross-promotion of events programmes taking place during February 2019 in London. The cross-promotion will reflect the close scheduling of the respective events, as well as the closely-related themes in the communications on the move (CotM) ecosystem.
