EMEA Markets - Latest Developments


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.

Moscow, Russia, January 21, 2015

Russian President Vladimir Putin supported Prime Minister Dmitry Medvedev’s proposal to merge Roscomos and the United Rocket and Space Corporation into a single state-run company, which will also be called Roscosmos according to Russian news agency TASS.

The current Director-General of the United Rocket and Space Corporation, Igor Komarov, will be heading the new company.

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.

Neuilly-sur-Seine, France, January 15, 2014

For the quarter ended December 31, 2014, consolidated home entertainment solutions provider Netgem announced a consolidated revenue of € 14.3 million, bringing total consolidated revenue for 2014 to € 72.5 million, down 11% compared to 2013.

Over 2014, Netgem Group's development in Europe, Latin America and Asia did not offset the termination of decoders delivery in Australia in the last quarter, as announced in early October 2014. However, the group will continue to provide software maintenance for the decoders base in Australia (currently more than 700,000).

El Segundo, Calif., Jan. 9, 2015

Boeing [NYSE: BA] has completed production of the world’s first all-electric propulsion satellites for ABS and Eutelesat as preparations continue to launch the satellites, as a vertically stacked pair, next month.

The Boeing 702SP (small platform) satellites are affordable and lightweight, and provide more options for movement to different orbital positions. The 702SP is one of three new satellite designs Boeing has introduced in four years, the others being the 702MP and 502 Phoenix.

Dubai, United Arab Emirates, January 8, 2015

 CABSAT2014.jpgWith the Middle East and North Africa (MENA) media market expected to grow from US$16 billion in 2014 to US$24 billion in 2019 according to Strategy & Analysis,  CABSAT will examine the global impact of industry-evolving mega trends and highlight how regional companies can adopt products and strategies to drive monetisation and growth opportunities.

Nevada City, California, January 7, 2015

Telestream, a provider of live and on-demand digital video tools and workflow solutions, today announced that the private equity investment firm Genstar Capital has entered into a definitive agreement to purchase Telestream, Inc. The transaction is expected to close mid-January.

Copenhagen, Denmark, January 5, 2015 

TICRA has acquired all rights to the software brand SATSOFT and will market the product as part of its portfolio of software for the satellite business. SATSOFT is used by engineers to quickly develop shaped beam and multi-beam antenna designs, assess antenna coverage and gain, conduct antenna trade studies, and perform other payload engineering tasks.

Suwanee, Ga., Jan. 4, 2016

ARRIS International plc (NASDAQ: ARRS), the new parent company of ARRIS Group, Inc., today completed its US$ 2.1B (£1.4B) acquisition of Pace plc – combining the two companies' strengths in entertainment and communications delivery.