EMEA Markets - Latest Developments
The 22nd edition of CABSAT - the leading platform for the broadcast, production, content delivery, digital media and satellite sectors across the Middle East, Africa and South Asia (MEASA) - will continue to drive disruptive innovation and monetisation opportunities across the MENA filmed & audio entertainment media market.
SpeedCast International Limited today announced it has signed a definitive agreement for the acquisition of NewCom International a satellite communications service provider specializing in the South and Central American regions. The acquisition opens a new growth frontier for SpeedCast in a region where satellite is widely used and SpeedCast did not have a direct presence. The acquisition will strengthen SpeedCast’s capabilities to serve and support its customers globally, including in the important and growing South American market.
Harmonic (NASDAQ: HLIT), today announced it has signed a binding offer to acquire Thomson Video Networks (TVN). Under the terms of the offer which is in the form of a "put" option agreement, subject to the selling shareholders exercising the put option following a consultation process with TVN's employee works council in France, Harmonic would acquire all of TVN for approximately $75 million in cash plus up to $15 million in post-closing adjustments.
AfricaCom 2015, the continent’s largest and most comprehensive ICT, Technology and Media event kicked off in Cape Town today and lived up to its theme – innovation, transformations and leadership.
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.
AfricaCom’s innovative Ericsson AHUB is the premium space for investors to meaningfully connect with the wealth of entrepreneurial excellence in Africa’s innovative technology sector.
The Ericsson AHUB at AfricaCom, taking place from 17-19 November at the CTICC, will bring together Africa’s leading entrepreneurs, tech start-ups and venture capital/angel investor communities. The aim is to encourage investment and showcase talent in a sector that has an abundance of ICT tech skills, but needs more funding and guidance from industry experts.
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.
At a press conference held this morning in Madrid, the finalists of the HISPASAT 4K International Film Festival were announced. The festival is one of the first film competitions in the world to exclusively feature short films shot and post-produced in 4K. The thirteen finalists are:
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.
