Americas Markets - Latest Developments
As Asia continues down the path of digital transformation and its cities get increasingly connected, CommunicAsia and EnterpriseIT 2017, to be held from 23 – 25 May, will add brand new feature zones to address the growing need for data security and the budding startup culture in the region.
Norsat International Inc. (TSX: NII and NYSE MKT: NSAT), a provider of unique and customized communication solutions for remote and challenging applications, today announced that it has entered into an arrangement agreement (the “Arrangement Agreement”) with Hytera Project Corp. (“Hytera”) a subsidiary of Hytera Communications Co., Ltd.
One of the global satellite industry's most important shows will start Monday, March 6 to March 9. SATELLITE 2017, the largest commercial satellite conference and exhibition in the world, has formed partnerships with the largest and most diverse group of aerospace organizations in the show’s 36-year history.
Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a provider of satellite networking technology, solutions and services, today reported its results for the fourth quarter and full year ended December 31, 2016. Revenues for Q4 2016 increased 19% to $80.3 million from $67.7 million in Q4 2015.
Key Financial Highlights:
Award-winning actress and producer America Ferrera will receive the NAB Television Chairman’s Award during the NAB Show Television Luncheon. The luncheon will be held Monday, April 24 at the Westgate Las Vegas Resort and Casino.
Ferrera is best known for her breakthrough role as Betty Suarez on ABC’s comedy “Ugly Betty.” She was recognized with a Golden Globe, Emmy, Screen Actors Guild Award, ALMA and Imagen Award for her performance.
Boeing [NYSE: BA] has delivered ABS-2A, an all-electric propulsion 702 satellite, to ABS which entered into commercial service on January 21st. This is the second of the pair of all-electric satellite Boeing has delivered to ABS. ABS-2A was launched in June 2016 aboard SpaceX Falcon 9 and will provide enhanced satellite communications services, including direct-to-home television services.
Viaccess-Orca announced today that it has acquired BigHill, a Finland-based software company that specializes in developing mobile apps for TV content. An agreement between the two companies was reached in December 2016. Adding a mobile TV app solution to its rich product and solutions portfolio will allow Viaccess-Orca to offer content providers an end-to-end solution for a rich and immersive content experience on any device.
SpeedCast International Limited (ASX: SDA), a global satellite communications and network service provider, today announced it has completed the previously announced acquisition of Harris CapRock in a cash transaction valued at US$ 425 million.
Newtec, a specialist in designing, developing and manufacturing equipment and technologies for satellite communications, today announced record revenue and profitability growth figures, including revenue growth of 62% since 2013 and 26% year-on-year in 2016, demonstrating that the company is gaining market share in all geographies and focused vertical markets.
