Americas Markets - Latest Developments


Cambridge, Mass., Feb. 12, 2019

NSR’s Emerging Space Markets Analysis, 2nd Edition (ESMA2) report, released today, tracked over US$ 17.8 Billion invested in Emerging Space companies from 2000-2018 for the more than 600 companies founded over that period. The last 2 years (2018 and 2017 combined) saw tremendous growth with more than US$ 7 Billon+ investment in Emerging Space companies.

Acton, Mass., Feb. 11, 2019

Video delivery platform leader SeaChange International (NASDAQ: SEAC) has announced that it has acquired privately-held Xstream A/S, an over-the-top video and TV cloud platform provider based in Copenhagen, Denmark and Warsaw, Poland. SeaChange paid US$ 4.6 million in cash and 541,738 shares of SeaChange common stock, for a total transaction value as of February 6, 2019 of US$ 5.5 million.

Dubai, United Arab Emirates, February 6, 2019

CABSAT – the leading specialist event for the broadcast, satellite, digital media and filmed entertainment industries for the Middle East and North Africa –  is entering its 25th edition with a fresh, newly evolved format that will bring the full content creation, production, post production satellite, OTT video, e-sports, digital media and entertainment ecosystem to center stage.Taking place at the Dubai World Trade Centre (DWTC), March 12th-14th, CABSAT 2019 will unite the media industry’s creative experts and most sought-after tech s

Kourou, French Guiana, Feb. 5, 2019

 gsat-5fe2019.jpgAriane 5 placed the geostationary satellite 1/Hellas Sat 4 (HS-4/SGS-1) and GSAT-31 telecommunications satellites into geostationary transfer orbit (GTO), lifting off from the European spaceport in Kourou (French Guiana).

London, UK, February 5, 2019

The GVF-EMP Partnership has announced final details of the populated programme for Mobile Connectivity 2019: Air, Sea, Surface, Rail – Evolving the New “New” Verticals taking place on February 27, 2019 at London’s ETC Venues, located at 8 Eastcheap, London EC3M 1AE.

Hickory, NC, Feb. 1, 2019

CommScope (NASDAQ: COMM), a global leader in infrastructure solutions for communications networks, has agreed to acquire ARRIS International plc (NASDAQ: ARRS), a global leader in entertainment and communications solutions, in an all-cash transaction for $31.75 per share, or a total purchase price of approximately US$ 7.4 billion, including the repayment of debt.

Saint Gregoire, France, Jan. 31, 2019

AVIWEST, a global provider of video contribution systems, announced today that the company saw a 20 percent acceleration in purchase order growth in 2018. AVIWEST also announced it will be expanding across the United States, Europe, and India, with new engineering positions currently open in the company's R&D, support and pre-sales, and sales departments.

Chicago, Ill., Jan. 30, 2019

Boeing Company [NYSE: BA] has reported fourth-quarter revenue of US$ 28.3 billion and GAAP earnings per share of US$ 5.93 on record commercial deliveries, higher defense and services volume, and strong performance. In the company’s Defense, Space & Security segment, fourth-quarter revenue increased to US$ 6.1 billion driven by increased volume across F/A-18, satellites, and weapons. Fourth-quarter operating margin increased to 10.9 percent, primarily reflecting favorable mix.

Melbourne, Fla., Jan. 29, 2019

Harris Corporation (NYSE: HRS) reported fiscal 2019 second quarter revenue of US$ 1.7 billion, up 9% compared with the prior year. GAAP earnings per diluted share (EPS) from continuing operations increased 74% to US$ 1.88, and non-GAAP EPS increased 19% to US$ 1.96. Net income increased 72% to US$ 225 million, and adjusted earnings before interest and taxes increased 18% to US$ 327 million with margin expansion of 150 basis points (bps).

Reston, Va., Jan. 29, 2019

Science Applications International Corp. (NYSE: SAIC) has announced the successful completion of its merger with Engility Holdings, Inc. (NYSE: EGL). The merger was previously approved by SAIC and Engility stockholders at special meetings held on Jan. 11, 2019.

Under the terms of the merger agreement, Engility became a wholly-owned subsidiary of SAIC. The combined company will retain the SAIC name and continue to be headquartered in Reston, Virginia with Tony Moraco as CEO.