Archive

MTN Recapitalizes Amid Strong Growth

Miramar, Fla.-based Maritime Telecommunications Network (MTN) has recapitalized barely more than a year after it was acquired for $30 million by New York-based investment firm Falconhead Capital during February last...

Stratos Loses CFO

Richard Halka, the executive vice president and CFO of Stratos Global Corp. [SGB], is leaving the company to pursue other opportunities. In his absence, Paula Sturge, the company’s vice president...

NDS Completes Foxtel System Integration

NDS said it successfully completed the first phase of systems integration for Foxtel Digital in Australia. Foxtel launched its new digital TV service — Foxtel Digital — March 14, and...

Israel Commits To Europe's Galileo Project

The European Union reached an agreement for Israel to participate in building the Galileo global navigation system to rival the U.S.-based Global Positioning System (GPS). Financial terms were not disclosed....

Atmel, Parrot Release GPS-Support Chipset

San Jose, Calif.-based semiconductor manufacturer Atmel [ATML] and Paris-based Parrot, a voice technologies company released the Parrot4 chipset to support in-vehicle Global Positioning System (GPS) and GSM/GPRS services. The new...