Asia-Pacific 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.

Dallas, Tex. Jan. 26, 2015

Imagine Communications today announced it has signed a definitive agreement to acquire the assets of RGB Networks, Inc., a  provider of multiscreen video delivery solutions based in Sunnyvale, California. The transaction, subject to customary approvals and closing conditions, will include the majority of RGB Networks’ employees.

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.

Betzdorf, Luxembourg, January 22, 2015

SES S.A. (NYSE Euronext Paris and Luxembourg Stock Exchange: SESG) announced today that the company has selected Arianespace to launch the powerful new hybrid communications satellite, SES-12, on board an Ariane 5 booster from the European Space Center in Kourou, French Guiana, during Q4 2017. This will be the 40th launch of an SES spacecraft on board an European Ariane launch vehicle.

Jakarta, Indonesia, January 21, 2015

New research released at CASBAA’s Indonesia in View 2015 conference explored funding links between the banned gambling and pornography industries, and the online piracy websites they use to attract young viewers. 

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.

New Delhi, India, January 14, 2015

Themed as ‘Connecting India’, Exhibitions India Group is set to bring together the best minds in the ICT, media and entertainment ecosystem under one roof with the 23rd edition of Convergence India expo at Pragati Maidan, New Delhi from 21-23 January 2015. Exhibitions India Group (EIG) has been serving the Indian Information Communication Technology sector by organizing the annual International Convergence India series of expos since 1992.

Hong Kong, January 13, 2015

A research report published by Media Partners Asia (MPA) indicates that the total market for online video services across 13 countries in Asia Pacific will grow from US$ 3.5 billion in net revenues in 2014 to reach US$12.4 billion by 2020, representing a average annual growth of close to 23.5%. Advertising will contribute more than 80% to the online video pie by 2020 with the subscription revenue opportunity, largely driven by subscription video-on-demand (SVOD) platforms, growing from less than US$700 mil. in 2014 to more than US$2.3 bil. by 2020.