Asia-Pacific 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.
His Highness Sheikh Hasher Bin Maktoum Al Maktoum, Director General of Dubai's Department of Information, today opened CABSAT 2017 - the definitive event for broadcast, satellite and entertainment content sectors across the Middle East, Africa and South Asia (MEASA).
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 $67.7 million in Q4 2015.
Key Financial Highlights:
Boeing [NYSE: BA] has delivered ABS-2A, an all-electric propulsion 702 satellite, to ABS which entered into commercial service on January 21st. This is the second of the pair of all-electric satellite Boeing has delivered to ABS. ABS-2A was launched in June 2016 aboard SpaceX Falcon 9 and will provide enhanced satellite communications services, including direct-to-home television services.
Viaccess-Orca announced today that it has acquired BigHill, a Finland-based software company that specializes in developing mobile apps for TV content. An agreement between the two companies was reached in December 2016. Adding a mobile TV app solution to its rich product and solutions portfolio will allow Viaccess-Orca to offer content providers an end-to-end solution for a rich and immersive content experience on any device.
SpeedCast International Limited (ASX: SDA), a global satellite communications and network service provider, today announced it has completed the previously announced acquisition of Harris CapRock in a cash transaction valued at US$ 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.
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.
BroadcastAsia’s relocation to Suntec Singapore will see the event housed on expanded purpose-built exhibition grounds spanning 20,000 square metres across three levels from 23 – 25 May 2017. The extremely popular TV Everywhere! Zone, back for its third showing, is expected to grow by 50 per cent and act as a major focal point of BroadcastAsia2017.
As Asia continues down the path of digital transformation and its cities get increasingly connected, CommunicAsia and EnterpriseIT 2017 will add brand new feature zones to address the growing need for data security and the budding startup culture in the region. In addition, the event will also see a bigger augmented reality (AR) and virtual reality (VR) segment as the show grows to occupy the whole of Marina Bay Sands for the first time.
