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Nayna To Acquire ProSat

Nayna Networks Inc., a provider of next-generation network systems will acquire privately held Professional Satellite & Communications LLC (ProSat), a supplier of residential broadband satellite systems, Nayna announced. ProSat, which...

Pace Releases Latest Results

Pace Micro Technology, a supplier of set-top boxes to satellite pay-TV operators, posted a profit of 1.4 million British pounds ($2.76 million) in the six-month period that closed Dec. 2,...

Motient Appoints Freeman To Board

Motient Corp. has appointed William Freeman to its board of directors, the company announced Feb. 5. Freeman is chairman of TerreStar Networks Inc., a majority-owned subsidiary of Motient.  He previously...