News Analysis

Norsat Enters Into Amended Definitive Agreement With Hytera Communications to be Acquired for $11.25 USD per Share

Vancouver, BC, Canada, June 1, 2017 – Norsat International Inc.  (TSX: NII and NYSE MKT: NSAT), a provider of unique and customized communication solutions for remote and challenging applications, announced that further to its news releases of September 19, 2016, March 17, 2017, March 27, 2017, April 17, 2017, May 15, 2017, May 18, 2017 and May 25, 2017, that it has entered into an amended arrangement agreement with Hytera Project Corp., a subsidiary of Hytera Communications Co., Ltd., pursuant to which Hytera will acquire all the issued and outstanding shares of Norsat for $11.25 in United States dollars (“USD”) in cash per share, pursuant to a court-approved plan of arrangement. 

RigNet Acquires Cyphre Security Solutions

Houston, Tex., May 22, 2017--RigNet, Inc. (NASDAQ:RNET) today announced that it has acquired Cyphre Security Solutions (“Cyphre”) a cybersecurity company that provides the most advanced enterprise data protection available on the market today. Cyphre’s hardware-based encryption features low latency protection for files at rest and in transit for both public and private cloud, providing higher levels of granularity and control than previously seen in the market.

Agreement Reached with Abertis on sale of Eutelsat stake in Hispasat

Paris, France, May 19, 2017 - Eutelsat Communications (Euronext Paris: ETL) and Abertis Group have reached an agreement on the sale of Eutelsat’s 33.69% stake in Hispasat to Abertis. It follows the initiation of the process in July 2016 when Eutelsat exercised the put option granted in 2008 by Abertis, Hispasat’s majority shareholder.

The May 2017 issue of the Satellite Executive Briefing magazine

The May 2017  issue of  the  Satellite Executive Briefing magazine  sponsored by Comtech EF Data is now available.  Featuring:

Japanese Satellite Market Update  by Naoakira Kamiya

Satellite Antenna Market Innovations by Virgil Labrador and Peter Galace

Teleport Operators Like What They See in the Sky by Robert Bell

Oilfield Connectivity, HTS and Mobile Backhaul by Martin Jarrold

plus Product and Services MarkePlace Profiles for CommunicAsia 2017, Mergers and Acquisitions, Executive Moves, Market Briefs, Vital Statistics, Satellite Markets 20 Stock Index and many more.  Click here to read or download the file

Crystal Acquires Video Design Software Inc.

Duluth, Georgia, April 18, 2017–Crystal, a provider of advanced software control systems, has completed the acquisition of Video Design Software, Inc. (VDS) a New York-based broadcast control and graphic data insertion software company. 

The April 2017 issue of the Satellite Executive Briefing magazine

The April 2017  issue of  the  Satellite Executive Briefing magazine  sponsored by The Spaceconnection is now available.  Featuring:

The Satellite Broadcast Market  by Elisabeth Tweedie

VSAT Market Trends by Bernardo Schneiderman

Intelsat and OneWeb Merger: True Love or Shotgun Marriage by Armand Musey

 Atrapi, Startup Space and Swiss Executions  by Lou Zacharilla

Better Satellite World Series: Staging Rescues from Low Earth Orbit

CABSAT Satellite Hub Summit Report by Martin Jarrold

plus Product and Services MarkePlace Profiles for NAB 2017, Mergers and Acquisitions, Executive Moves, Market Briefs, Vital Statistics, Satellite Markets 20 Stock Index and many more.  Click here to read or download the file

Hytera Communications Enters into Definitive Agreement to Acquire Norsat

Vancouver, British Columbia, Canada, March 27, 2017– Norsat International Inc.  (TSX: NII and NYSE MKT: NSAT), a provider of unique and customized communication solutions for remote and challenging applications, today announced that it has entered into an arrangement agreement (the “Arrangement Agreement”) with Hytera Project Corp. (“Hytera”) a subsidiary of Hytera Communications Co., Ltd. pursuant to which Hytera will acquire all the issued and outstanding shares of Norsat for $10.25 in United States dollars (“USD”) in cash per share, pursuant to a court-approved plan of arrangement (the “Arrangement”).  All unexercised options and restricted share units will also be acquired under the Arrangement. The proposed transaction values Norsat at an equity value of approximately $62 million USD.

AvL Technologies Announces Strategic Hires on its Engineering Team

Asheville, N.C., March 3, 2017–AvL Technologies announces three new strategic hires on its Engineering team. Ian Timmins, Ph.D., has joined AvL as Principal RF Engineer and is responsible for key research and development efforts, Rich Tarpley as Director of Strategic Product Development and Wayne Holt recentlyas a Senior Mechanical Engineer.

The March 2017 issue of the Satellite Executive Briefing magazine

The March 2017  issue of  the  Satellite Executive Briefing magazine  sponsored by Newtec  is now available.  Featuring:

Update on the Middle East Satellite Market  by Elisabeth Tweedie

Game Changing Trends in the Satellite Manufacturing Sector by Dan Freyer

How to Thrive as the Rules Change...Again! by Robert Bell

 Seamless Network Maintenance for Today's and Future Smaller Satellites  by Alvaro Sanchez

The Power of Targeted Advertising by Roger Franklin

Extending Satellite Dialogs at CABSAT by Martin Jarrold

plus Better Satellite World SeriesProduct and Services MarkePlace Profiles for Satellite and CABSAT 2017, Mergers and Acquisitions, Executive Moves, Market Briefs, Vital Statistics, Satellite Markets 20 Stock Index and many more.  Click here to read or download the file

Gilat Reports Profitable Fourth Quarter 2016 Results

Petah Tikva, Israel,February 14, 2017–Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a provider of satellite networking technology, solutions and services, today reported its results for the fourth quarter and full year ended December 31, 2016. Revenues for Q4 2016 increased 19% to $80.3 million from $67.7 million in Q4 2015.