Euroconsult, a global consulting firm specializing in space markets, announced the recipients of its 12th Annual Awards for Excellence in Satellite Communications on the occasion of the World Satellite Business Week, its annual senior executive event, the 19th edition of which took place in Paris from Sept. 14 to 18. These annual awards recognize companies and their management for their outstanding accomplishments in the satellite sector.

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.

LeoSat Enterprises, an emerging company with plans to launch a constellation of up to 108 low-earth-orbit communications satellites, has named industry veteran Mark Rigolle as the company’s new chief executive officer.  

SPB TV AG, a  global provider of end-to-end OTT TV, IPTV and mobile TV solutions, showcased mobile TV innovative technology at this year’s International Broadcasting Convention. SPB TV AG also presented new original insights and findings from its OTT TV Survey 2015 with new trends and developments in OTT TV use globally and in emerging markets, based on the audiences input.

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.