Globalstar launches US$125m public offering to meet restructuring needs amid wider sale rumours
Facing a deadline to raise capital as part of a restructuring agreement, private equity-backed US satellite operator Globalstar is launching...
Extreme Networks to acquire data centre business directly from Brocade Communications
US tech company Extreme Networks has signed a purchase agreement directly with Brocade Communications Systems for the US$55m acquisition of...
Arris expects Ruckus deal to close shortly after 30 November despite regulatory snag
US network equipment specialist Arris International has said it is still on track to complete its US$800m acquisition of Brocade Communications...
SES names Urner CEO of media subsidiary MX1 | Leadership
Fleet operator SES appointed Wilfried Urner CEO of MX1, its wholly owned global media services subsidiary. Urner was one of the key drivers of...
Orbcomm makes latest acquisition in telematics with Blue Tree Systems deal
Against a backdrop of increasing service revenues and subscriber count, M2M satellite operator Orbcomm has made its latest acquisition of...
MDA’s takeover of DigitalGlobe expected to close in early October following CFIUS consent
MacDonald, Dettwiler and Associates’ C$4.7bn (US$3.76bn) acquisition of DigitalGlobe is expected to close late next week following the completion of a...
Seraphim Capital targets £250m in financing for its space fund in 2018
UK-based venture fund Seraphim Capital aims to raise more than £250m (US$334.7m) in capital next year for its investment fund that backs innovative...
Panasonic Avionics names Adri Ruiter VP of global operations | Leadership
US inflight connectivity provider Panasonic Avionics has appointed Adri Ruiter as its VP of global operations. He will be responsible for key global operations...
Analytical Space raises US$3.5m for LEO relay network
Analytical Space has raised US$3.5m of seed funding to build an LEO network of communication relays to serve remote-sensing operators....
Thai startup mu Space signs agreement with Blue Origin to launch geostationary satellite
Started as a multi-platform space business just last month, Thailand-based mu Space has entered into an agreement for an undisclosed amount with Blue...
