EMEA Markets - Latest Developments
Video delivery solutions provider ATEME, today announced record results for 2014 in terms of corporate growth, geographic expansion and revenue. ATEME reported increased annual revenues by 24 percent to €25.4 million in 2014 over 2013 total annual sales of €20.6 million.
2014 represents the third year of consecutive growth for the company with an increase of customers in the portfolio, where the largest customer represents 12.6 percent of revenues.
RigNet, Inc. (NASDAQ:RNET), a lglobal provider of managed remote communications solutions to the oil and gas industry, today announced that it has completed the acquisition of Orgtec S.A.P.I. de C.V., d.b.a. TECNOR, a provider of telecommunications solutions and services for remote sites on land, sea and air, including a wide array of equipment, voice and data services, satellite coverage and bandwidth options in Mexico.
Living in an on-demand world, a simple swipe of one’s mobile phone or a few clicks of the mouse can now bring consumers a plethora of content and applications. Direct to Home (DTH), IPTV and Over-the-Top (OTT) services are projected to grow in the next five years on the back of government support in infrastructure development including fibre roll-outs fueled by increased consumer demand across the Asia Pacific. The region is expected to become the world’s second largest for OTT SVOD services by 2018.
The first IBC Content Everywhere MENA show closed its doors on a highly successful event which brought together 1,451 thought leaders from the Middle East, North Africa and beyond. There are dramatic changes in the way that we create, share, consume and monetise content, and the most pressing topics were covered at IBC Content Everywhere MENA.
Emerging Markets Communications (EMC), a satellite and terrestrial communications services provider, announced that it acquired General Industry Systems (GIS) AS, a Norwegian-based provider specializing in energy and maritime connectivity services for offshore operations. The consolidated portfolio of products, services, experience, locations and engineers of the companies strengthens EMC’s energy and maritime business segments.
Inmarsat (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.
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.
Amino Technologies plc. a provider of digital entertainment solutions for IPTV, OTT and in-home multimedia distribution, announced audited results for the fiscal year ended 30 November 2014. Revenues were in line with expectations at £36.2m (2013: £35.9m) with return to growth in the second half. Gross margin was up 1 percentage point to 46.3% (2013: 45.3%)
Other highlights include:
- EBITDA before exceptional items increased by 11% to £6.7m (2013: £6.0m)
- Profit before exceptional items and tax increased by 23% to £4.2m1 (2013: £3.4m)
Speaking on behalf of the international satellite community, Michel de Rosen, CEO of Eutelsat, today warned African states of the consequences for the continent if C-band resources are reallocated to mobile operators. de Rosen was speaking to delegates from African countries gathered in Nigeria for a meeting organised by the African Telecommunication Union (ATU) to prepare for the World Radiocommunication Conference scheduled to take place in Geneva from 2 to 27 November 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.
