Marlink, backed by Apax-partners has signed a definite agreement to acquire 100% of the shares in Livewire Connections, a UK headquartered satellite communications service provider with focus on superyacht customers.

The move follows the recent announcement that Marlink intends to acquire a majority stake in the Spanish superyacht service provider OmniAccess. Both companies have been strategically chosen for their leading position, unique capabilities and quality focus to provide unrivalled services and value for customers in the highly demanding superyacht segment.

Covering 138 countries, pay TV revenues [subscriptions and PPV] and OTT revenues [AVOD, SVOD, TVOD and DTO] combined will reach $283 billion by 2022; up by 18% from $239 billion in 2016, according to the OTT and Pay TV Forecasts report by Digital TV Research.

Imagine Communications, a portfolio company of The Gores Group and a leader in empowering the media and entertainment industry through transformative technology innovation, today announced that Tom Cotney has been named CEO of the company, effective immediately. Current CEO Charlie Vogt is joining The Gores Group as a Senior Advisor to continue to drive M&A and business development activities at Imagine. The two executives will work closely to continue the momentum and growth at Imagine Communications while also ensuring a seamless leadership transition.

Orbit Communications Systems Ltd. (TASE: ORBI), a  provider of precision tracking-based communications solutions and airborne communications management systems, announced that the company successfully concluded a private placement of 33.4% of its shares to FIMI Opportunity Funds for approximately US$10 million, effectively making FIMI Orbit's controlling shareholder. FIMI also received options to purchase additional Orbit shares for approximately US$20 million. If fully realized, FIMI would possess 56% of the company’s shares.

According to Stratistics MRC, the Global Satellite Antenna market is expected to grow from US$ 1.90 billion in 2016 to reach US$ 3.03 billion by 2023 with a CAGR of 9.8%. Growing number of space exploration missions, cost-effective satellite launch operations, rising demand for satellite aided warfare and improved deployment of small satellites are the major factors driving the market. On the other side, having problems with poor transmission of signals, scarcities of qualified workforce and issues with the availability of radio spectrum are the factors hampering the market growth.

Speedcast International Limited (ASX: SDA), a provider of  fully managed, remote communication and IT solutions, today announced two changes to its executive management team.Keith Johnson, currently EVP of Speedcast's Energy Division, will take over from David Kagan as chief operating officer, while also keeping his existing Energy Division responsibilities. Additionally, Erwan Emilian has joined Speedcast to lead the Enterprise & Emerging Markets division.