Global Markets - Latest Developments
Asia contains nearly half of the world’s Internet users and is fast moving towards a world of connected cities where every aspect of business and leisure is enhanced by ICT. It is therefore fitting that CommunicAsia2015 and EnterpriseIT2015, held 2 – 5 June 2015 at Marina Bay Sands, Singapore, will showcase the latest innovative technologies from the entire info-communications ecosystem.
Foxcom, a provider of RF over Fiber solutions announced that it has been acquired by the Global Invacom Group Limited, a fully integrated satellite equipment provider headquartered in Singapore.
ORBCOMM Inc. (Nasdaq: ORBC), a leading global provider of Machine-to-Machine (M2M) solutions, today announced that it has entered into a definitive agreement to acquire SkyWave Mobile Communications (SkyWave), the largest M2M service provider on the Inmarsat (LSE: ISAT.L) global L-band satellite network, for US$ 130 million. Based in Ottawa, Canada, SkyWave has more than 250,000 subscriber units, 400 channel partners, an estimated annualized US$ 60 million in revenues and over US$ 12 million in Adjusted EBITDA.
The annual CASBAA Convention, 2014, saw speakers across technology, advertising and content industries take a more in-depth look at how to adapt to a future ‘Beyond the Box’. As the broadcast industry moves into new forms of content delivery such as digital streaming and over-the-top services, the convention aimed to discuss these changes and how to create new business models that works for today’s consumer demands.
Imagine Communications, a market leader in advertising business systems and video infrastructure solutions serving global TV networks, broadcast stations, multichannel video programming distributors (MVPD), governments, enterprise markets, today announced it has acquired the assets of the advanced advertising business unit of OpenTV, Inc., from the Kudelski Group (Six.KUD.S).
The eight Boeing [NYSE: BA] Global Positioning System (GPS) IIF has signaled controllers it is functioning properly after launching today, marking another step in the modernization of the satellite constellation that’s relied on by millions of people worldwide.
Spanish satellite telecommunications operator, HISPASAT, celebrated its 25th anniversary yesterday, with a concert held at the Royal Theatre in Madrid. The event was presided by His Majesty the King, the Spanish Minister of Industry, José Manuel Soria, also being present. Other renowned members of the Spanish government attended as well, alongside key executives from the aerospace, telecommunications and television industries.
Ultrafast broadband, that can enable the Internet of Everything, which includes 4K-video and cloud-based applications, is a growing presence as a proportion of total world fixed broadband subscriptions, which reached a record 700.19 million this week. But now the big challenge for the emerging ultrafast technologies such as G.fast is interoperability and today at the Broadband World Forum in Amsterdam, the Broadband Forum is hosting the most advanced showcase of interoperable equipment and solutions ever staged, on its Interoperability Pavilion.
The Russian communications and broadcasting satellite Express-AM6 was launched into orbit today by a Proton-M rocket booster from the Baikonur Cosmodrome in Kazakhstan at 19.09 (Moscow time). The new Express-AM6 heavy-class space vehicle will be deployed into geostationary orbit at 53 ° East, from where it will provide coverage of European Russia, the Urals and Western Siberia as well as the Middle East, Europe and Africa.
PCCW Global, the international operating division of HKT, Hong Kong’s premier telecommunications service provider, has acquired Crypteia Networks, a European company offering innovative security-as-a-service solutions. Using patent-pending technology and a non-intrusive approach, Crypteia helps organisations of any size detect and respond to the new breed of cyber threats.
