Global Markets - Latest Developments


St. Louis, Mo., June 27, 2014

Boeing has acquired Ventura Solutions Inc., a hardware and software engineering company that provides custom solutions for government customers.

The latest in a series of acquisitions that enhance Boeing’s information and security capabilities, Ventura Solutions is now part of Boeing Network & Space Systems.

Ventura Solutions is based in Annapolis Junction, Maryland, and has approximately 140 employees.

Terms of the purchase were not disclosed.

 

Madrid, Spain, June 26, 2014

HISPASAT, the Spanish satellite communications operator, held their Shareholder’s Annual Meeting,where the annual accounts for the 2013 tax year were unanimously approved. The Group has continued to grow, despite the adverse economic climate, and has earned a net profit of 54.3 million euros, 5.5% more than it reached in 2012. 

Geneva, Switzerland, June 26, 2014

Forum discussions at the upcoming ITU Telecom World 2014 event in Doha, Qatar, will delve deep into the driving forces behind the ongoing radical transformation of the ICT industry, exploring three major future scenarios and how they will impact our businesses and lives:

Disruption :Will the ICT sector suffer further disruption? Or will it be the disrupting force for others such as broadcasting? How might sector convergence take shape? And what other disruptive scenarios lie on the horizon?

Singapore, June 23, 2014

Top industry experts gathered in Singapore for the annual CASBAA Satellite Industry Forum 2014, recently concluded on June 16 at the Shangri-La Singapore. Over 230 speakers, delegates and media were on hand to explore how the satellite industry will be “Remaining Relevant in a Time of Transition.”

Singapore, June 19, 2014

Newtec announced today at CommunicAsia 2014 that satellite operator Thaicom has installed Newtec technology (M6100 Broadcast Satellite Modulators) on the platform of Thaicom-6, enabling its satellite to provide TV Broadcasting services in both C-band and Ku-band to serve customers with the best value and viewing experience.

Nonthaburi, Thailand, June 18, 2014

Thaicom, Thailand's leading satellite operator, has become the first in the Asia Pacific region to introduce commercial In-Flight Connectivity Services using Ku-band to provide broadband on commercial flights. The deal has been agreed with Thailand's number one premium low cost airline Nok Air, which last year transported nearly six million passengers. With 48,000 flights per year the carrier will provide broadband Wi-Fi services on many of its aircraft starting in August - ranging from Internet access to other complimentary services in the future.

Singapore, June 18, 2014

SpeedCast, today announced the acquisition of Oceanic Broadband, an integrator and solutions provider in the Oceania region. The acquisition will strengthen SpeedCast’s growing leadership position in Australasia servicing the natural resource sector, a market which Oceanic has been successfully developing for several years.

Friedrichshafen, Germany, June 17, 2014

Vislink today announced it has entered into a cooperation with ND SatCom the satellite communication solutions supplier. The agreement gives the companies access to each other’s product portfolios, and the ability to offer suitable products to customers in their respective broadcast and surveillance markets.

Singapore, June 17, 2014

CASBAA welcomed issuance of the first authoritative study of the extent to which satellite C-band services provide socio-economic benefits to countries in the Asia-Pacific region. The study found that “C-band is extensively used for communication networks, often of critical importance to these countries’ economy, society or security.”

Mountain View, Calif., June 13, 2014

Google has entered into an agreement to buy Skybox Imaging for US$ 500 million in cash, subject to adjustments Skybox’s satellites will help keep Google Maps accurate with up-to-date imagery.

"Over time, we also hope that Skybox’s team and technology will be able to help improve Internet access and disaster relief — areas Google has long been interested in," said Google in a statement