News Analysis

Netanya, Israel, December 2, 2017 – Orbit Communications Systems Ltd. (TASE: ORBI), a  provider of precision tracking-based communications solutions and airborne communications management systems, announced that the company successfully concluded a private placement of 33.4% of its shares to FIMI Opportunity Funds for approximately US$10 million, effectively making FIMI Orbit's controlling shareholder. FIMI also received options to purchase additional Orbit shares for approximately US$20 million. If fully realized, FIMI would possess 56% of the company’s shares.

Palma de Mallorca, Spain, November 23, 2017--Backed by Apax Partners, Marlink has signed a definite agreement to acquire a majority stake in OmniAccess. The existing management team of OmniAccess will remain unchanged and continue to keep a significant shareholding in the company.

Bezons, France, November 20, 2017--Atos,has announced its intention to acquire Siemens Convergence Creators GmbH (CVC), a global multi-industry digital transformation solutions provider, headquartered in Vienna. With its highly skilled engineers and a total headcount of approximately 800 staff, CVC delivers software based solutions in the fields of communication networks, service and customer management, public safety and security, multimedia infotainment, as well as space technology.

Sydney, Australia, Nov. 6, 2017--Speedcast International Limited (ASX: SDA) a provider of fully managed, remote communication and IT solutions, today announced it has completed the previously announced 100% acquisition of UltiSat in a cash transaction of up to US$ 100 million, payable over two years and subject to ongoing financial performance. The closing is effective as of November 1,  2017.

Amman, Jordan, October 13, 2017--Moving to consolidate its presence in the Middle East, Eutelsat has acquired Noorsat, one of the leading satellite service providers in the Middle East, from Bahrain’s Orbit Holding Group, in a deal valued at US$ 75 million (€63.4m).

The October 2017  issue of  the  Satellite Executive Briefing magazine  focusing on Satellite Market Trends sponsored by Advantech Wireless is now available.  Featuring:

Satellite Market Trends by Elisabeth Tweedie

The Pursuit of Continuous Connectivity by Paul Scardino and James Brown

Teleport  Operators and the OTT Media Opportunity by Robert Bell

plus ITU Telecom World 2017 Show report, 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

Dulles, Va., Sept. 18, 2017–Northrop Grumman Corporation (NYSE: NOC), a leading global security company, and Orbital ATK, Inc. (NYSE: OA), a global leader in aerospace and defense technologies, today announced they have entered into a definitive agreement under which Northrop Grumman will acquire Orbital ATK for approximately $7.8 billion in cash, plus the assumption of US$1.4 billion in net debt. Orbital ATK shareholders will receive all-cash consideration of $134.50 per share. The agreement has been approved unanimously by the Boards of Directors of both companies. The transaction is expected to close in the first half of 2018 and is subject to customary closing conditions, including regulatory and Orbital ATK shareholder approval.

The September 2017  issue of  the  Satellite Executive Briefing magazine  focusing on the European Broadcast Market sponsored by Gazprom Space Systems is now available.  Featuring:

European Satellite Broadcast Market Update  by Elisabeth Tweedie

Aeronautical Market  by Bernardo Schneiderman

Executive Spotlight interview with Jarbas Valente, President, Telebras

The Future of the 'Future'  by Lou Zacharilla

Fly By Wi-Fi for InFlight Connectivity, or... by Martin Jarrold

Featured Company: Gazprom Celebrates its 25th Anniversary

plus WSIS 2017 Show report, 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

London,UK,  Aug 29, 2017- Speedcast International Limited (ASX:SDA), a provider of fully managed, remote communication and IT solutions, today announced its financial results for the six-month period ended  June 30, 2017, with group revenues of US$ 246.3 million, a 143% period-on-period increase.

Petah Tikva, Israel , August 8, 2017 – Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a  leader in satellite networking technology, solutions and services, today reported its results for the second quarter ended June 30, 2017.