Americas Markets - Latest Developments


 inmarsat5-f2-launch.jpegInmarsat (LSE:ISAT.L), announces the successful launch of its second Global Xpress (GX) satellite (Inmarsat-5 F2) on board an International Launch Services (ILS) Proton Breeze M rocket launched from Baikonur Cosmodrome in Kazakhstan on Sunday, February 1st at 12:31 GMT.

Abu Dhabi, UAE, February 2, 2015

Ericsson (NASDAQ:ERIC) has strengthened its partnership with twofour54, the commercial arm of the Media Zone Authority - Abu Dhabi, through the acquisition of its current playout business, initially providing playout services for nine different channels.

The agreement, which comes as part of a long-term partnership, recognizes the important role of the private sector in supporting twofour54 in building Abu Dhabi's media industry ecosystem. For Ericsson, the acquisition provides an ideal springboard for its expansion into the region from its base in Abu Dhabi.

Dulles, VA, January 27, 2015

Orbital Sciences Corporation (NYSE: ORB) today announced that at a special meeting held this morning, the company’s stockholders voted overwhelmingly to approve the proposed merger with the Aerospace and Defense Groups of Alliant Techsystems Inc. (NYSE: ATK), pursuant to the definitive transaction agreement dated April 28, 2014. 

Hauppauge, NY, January 23,2015

L-3 Communications (NYSE:LLL) announced today that it acquired the assets of MITEQ, Inc. for U$ 41 million..The business will be combined with L-3’s Narda Microwave-East business located in Hauppauge, N.Y., and the new organization will be called L-3 Narda-Miteq.

Rochelle, N.J., Jan 20, 2015

ORBCOMM, a global provider of Machine-to-Machine (M2M) solutions, today announced that it has completed the acquisition of InSync Software, Inc. (InSync), a  provider of Internet of Things (IoT) enterprise solutions across a broad spectrum of vertical markets, applications and customers. Headquartered in San Jose, Calif., InSync’s software powers global sensor-driven asset tracking and remote monitoring applications that allow end users, managed service providers and independent software vendors to increase asset visibility, improve operational efficiencies and reduce risk.

Washington, D.C., January 15, 2015

The National Association of Broadcasters (NAB) announced it will again present NAB Show Collaborative, a global initiative designed to support and strengthen innovation, growth and opportunity in the digital media and entertainment industry.

El Segundo, Calif., Jan. 9, 2015

Boeing [NYSE: BA] has completed production of the world’s first all-electric propulsion satellites for ABS and Eutelesat as preparations continue to launch the satellites, as a vertically stacked pair, next month.

The Boeing 702SP (small platform) satellites are affordable and lightweight, and provide more options for movement to different orbital positions. The 702SP is one of three new satellite designs Boeing has introduced in four years, the others being the 702MP and 502 Phoenix.

Nevada City, California, January 7, 2015

Telestream, a provider of live and on-demand digital video tools and workflow solutions, today announced that the private equity investment firm Genstar Capital has entered into a definitive agreement to purchase Telestream, Inc. The transaction is expected to close mid-January.

Ottawa, Canada, January 5, 2015

Orbcomm has completed the acquisition of SkyWave Mobile Communications (SkyWave), the largest M2M service provider on the Inmarsat global L-band satellite network.  Based in Ottawa, Canada, SkyWave adds more than 250,000 subscribers, 400 channel partners, annualized revenues of over US$ 60 million and Adjusted EBITDA of over US$ 12 million.

Plainview, New York, January 5, 2015

NeuLion, Inc. (TSX:  NLN),a provider of live and on-demand content to Internet-connected devices, has signed a definitive agreement to acquire DivX LLC, a  provider of next-generation digital video solutions.