Americas Markets - Latest Developments
The National Association of Broadcasters (NAB), producers of NAB Show and
Comtech Telecommunications and TeleCommunication Systems announced today the signing of a definitive merger agreement under which Comtech will purchase TCS in a cash transaction.
At an awards ceremony held on the first day of the SATCON Conference and Exhibition in New York City, the Fourth Annual Vision Awards announced winners in three categories: David Myers, President and CEO of Datapath won the Visionary Executive of the Year; ScheduAll’s Portal won the Innovative Product of the Year and Crystal won the Promising Company of the Year.
Comtech Telecommunications Corp. (NASDAQ:CMTL) today reported its operating results for the three months ended October 31, 2015. Net sales for the three months ended October 31, 2015 were $64.1 million compared to $76.4 million for the three months ended October 31, 2014.
DTV Innovations, a leading supplier of digital broadcasting solutions to the world's foremost television broadcasters today announced that it has executed a definitive agreement to acquire the professional video contribution product line from International Datacasting Corporation (TSX:IDC), a technology provider for the world's premiere broadcasters in radio, television, data and digital cinema. The closing of the transaction is subject to the fulfillment of certain closing conditions which are expected to be satisfied in the next two weeks.
SintecMedia today announced that it has acquired Broadway Systems, a provider of broadcast management solutions. Broadway Systems manages several billion dollars in advertising revenues across news, sports, music, and entertainment networks for leading customers in the media industry, including three of the Top 15 rated cable television networks in the US.
ITU Telecom World 2015 closed its doors yesterday at Hungexpo, Budapest following an exceptional week of dialogue, debate, networking and showcasing. The event, which welcomed over 4,000 participants from 129 countries this week, brought together an impressive line-up of top-level government representatives, leaders of industry – from established players to SMEs (small and medium enterprises) and young start-ups, from emerging and developed markets – along with high-level representatives of international organizations, entrepreneurs, accelerators, incubators and academia.
C-COM Satellite Systems Inc. (TSXV: CMI), a leading global provider of mobile auto-deploying satellite antenna systems, announced today financial results for its third quarter ended August 31, 2015. The company has generated revenues of $2,798,793 and a net after tax profit of $487,802 or 1 cent per share. This compared to revenues of $2,935,311 and a net after tax profit of $410,500 or 1 cent per share as reported in Q3 2014, representing a decrease of 4.7% and an increase of 18.8% respectively.
Top officials and leading experts representing the entire space sector, including space agencies, satellite manufacturers, suppliers and service providers, will illuminate the future of an industry with global revenues exceeding US$ 330 billion at Space Tech Expo Europe in Bremen next month.
Two concurrent free-to-attend forums, each extending over the whole three days of the exhibition and featuring more than 80 speakers, will examine every facet of the space industry, its evolving technology and the commercial opportunities it offers.
Doors opened today in Budapest for ITU Telecom World 2015, the global ICT innovation event for SMEs, corporates and governments. The event kicked off with a spectacular Opening Ceremony, in the presence of H.E Viktor Orbán, Prime Minister of Hungary, ITU Secretary-General, Houlin Zhao, and a host of other distinguished high-level participants spanning government, industry and representatives of many global SMEs and start-ups.
