$GCOM News

Last published 12y ago

12y agoGCOMWasserstein & Co. Completes Acquisition of Globecomm Systems Inc.Business WireHAUPPAUGE, N.Y.--(BUSINESS WIRE)--Globecomm Systems Inc. (NASDAQ:GCOM), a leading communications solutions provider, announced today that an investor group led by Wasserstein & Co. has successfully completed the previously announced acquisition of Globecomm.
13y agoGCOMGlobecomm Reports Fiscal 2014 First Quarter Financial ResultsBusiness WireHAUPPAUGE, N.Y.--(BUSINESS WIRE)--Globecomm Systems Inc. (NASDAQ:GCOM), a leading communications solutions provider, today reported financial results for the fiscal 2014 first quarter ended September 30, 2013. Globecomm is reporting its financial results on a generally accepted accounting principles (GAAP) basis as well as adjusted EBITDA and adjusted diluted net income per common share, both non- ...
13y agoGCOMLaw Offices of Todd M. Garber Announces Investigation of Globecomm Systems, Inc.Business WireLOS ANGELES--(BUSINESS WIRE)--The Law Offices of Todd M. Garber announces that it is investigating potential claims against the Board of Directors of Globecomm Systems, Inc. (“Globecomm” or the “Company”) (NASDAQ:GCOM) related to the proposed acquisition of the Company by investment firm Wasserstein & Co. The transaction is valued at approximately $340 million, or $14.15 per share.
13y agoGCOMGlobecomm Reports Fiscal 2013 Fourth Quarter and Full Year Financial ResultsBusiness WireHAUPPAUGE, N.Y.--(BUSINESS WIRE)--Globecomm Systems Inc. (NASDAQ:GCOM), a leading communications solutions provider, today announced financial results for the fiscal 2013 fourth quarter and fiscal year ended June 30, 2013. Globecomm is reporting its financial results on a generally accepted accounting principles (GAAP) basis as well as adjusted EBITDA and adjusted diluted net income per common sha ...
13y agoGCOMRigrodsky & Long, P.A. Announces Investigation Of Globecomm Systems Inc. BuyoutBusiness WireWILMINGTON, Del.--(BUSINESS WIRE)--Rigrodsky & Long, P.A.:
13y agoGCOMAttention GCOM Shareholders: The Proposed Buyout of Globecomm Systems Inc by an Affiliate of Wasserstein & Co under Investigation by The Young Law FirmBusiness WirePHOENIXVILLE, Pa.--(BUSINESS WIRE)--The Young Law Firm, a leading national shareholder litigation firm, is investigating possible claims concerning the proposed acquisition of Globecomm Systems Inc by an affiliate of Wasserstein & Co. The investigation concerns whether the directors of Globecomm have obtained fair value for the sale of the Company and have fulfilled their fiduciary duties to the C ...
13y agoGCOMRigrodsky & Long, P.A. Announces Investigation Of Globecomm Systems Inc. BuyoutBusiness WireWILMINGTON, Del.--(BUSINESS WIRE)--Rigrodsky & Long, P.A.:
13y agoGCOMGlobecomm Systems Inc. Buyout Alert -- Milberg LLP Announces InvestigationBusiness WireNEW YORK--(BUSINESS WIRE)--The law firm of Milberg LLP announces that it is investigating potential legal claims against Globecomm Systems Inc. ("Globecomm " or the "Company") (NASDAQ:GCOM) regarding possible breaches of fiduciary duties and other violations concerning the Company’s decision to be acquired by private-equity firm Wasserstein & Co. in a deal valued at approximately $340 million.
13y agoGCOMFinkelstein Thompson LLP Announces Investigation of Globecomm Systems Inc. Going Private ProposalBusiness WireWASHINGTON--(BUSINESS WIRE)--The law firm of Finkelstein Thompson LLP is investigating potential claims on behalf of shareholders of Globecomm Systems Inc. (NASDAQ: GCOM) (“Globecomm” or “the Company”), concerning the Company’s proposed acquisition by Wasserstein & Co. (“Wasserstein”). Under the terms of the merger agreement, Globecomm shareholders will receive $14.15 in cash for each share of Glo ...
13y agoGCOMGlobecomm Going Private Proposal Investigated by the Securities Attorneys at The Briscoe Law Firm and Powers Taylor, LLPBusiness WireDALLAS--(BUSINESS WIRE)--Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor, LLP are investigating the going private proposal of Globecomm Systems, Inc. (“Globecomm”) (NasdaqGS: GCOM) with Wasserstein & Co. for shareholders. Under the terms of the proposed agreement, valued at approximately $340 million, Globecomm sha ...
13y agoGCOMLaw Firm Brower Piven Announces Investigation of Globecomm Systems, Inc. Proposed BuyoutBusiness WireSTEVENSON, Md.--(BUSINESS WIRE)--The securities litigation firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty to current shareholders of Globecomm Systems, Inc. (“Globecomm” or the “Company”) (NASDAQ: GCOM) and other violations of state law by the board of directors of Globecomm relating to the proposed buyout of the Company by ...
13y agoGCOMWasserstein & Co. to Acquire Globecomm Systems Inc.Business WireHAUPPAUGE, N.Y.--(BUSINESS WIRE)--Globecomm Systems Inc. (NASDAQ: GCOM), a leading communications solutions provider, announced today that an affiliate of Wasserstein & Co. has entered into a definitive agreement to acquire Globecomm for $14.15 per share in cash. The purchase price represents a premium of 21.9% over the closing price on January 14, 2013, the day on which Globecomm announced that i ...
13y agoGCOMGlobecomm Receives $1.2 Million Contract from a US Government Prime ContractorBusiness WireHAUPPAUGE, N.Y.--(BUSINESS WIRE)--Globecomm Systems Inc. (NASDAQ: GCOM), a leading communications solutions provider, announced today that the Company has been awarded a contract from a US Government prime contractor for its Auto ExplorerTM products valued at $1.2 million.
13y agoGCOMGlobecomm Receives Combined Infrastructure and Services Contract Valued at Approximately $12.4 Million from a Major US BroadcasterBusiness WireHAUPPAUGE, N.Y.--(BUSINESS WIRE)--Globecomm Systems Inc. (NASDAQ: GCOM), a leading communications solutions provider, announced today that the Company has received a combined infrastructure and services contract from a major US Broadcaster valued at approximately $12.4 million to design, implement and provide 3 years of life cycle support services for their affiliate exchange network.
13y agoGCOMGlobecomm Enters the Cyber Security Market with the Launch of Cytelics℠: A Specialty Suite of Network Security SolutionsBusiness WireHAUPPAUGE, N.Y.--(BUSINESS WIRE)--Globecomm Systems Inc. (NASDAQ: GCOM), a leading communications solutions provider, announced today the launch of Cytelics℠, an end–to-end cyber security solutions service. Cytelics℠ will be offered through Comsource, a Globecomm company specializing in engineering, software development and interoperability testing. Cytelics℠ can be found at www.cytelics.com
13y agoGCOMGlobecomm Awarded Various Infrastructure Contracts Valued at $5.3 MillionBusiness WireHAUPPAUGE, N.Y.--(BUSINESS WIRE)--Globecomm Systems Inc. (NASDAQ: GCOM), a leading communications solutions provider, today announced that the Company has been awarded various infrastructure contracts valued at $5.3 million.
13y agoGCOMGlobecomm Announces Three New LTE CustomersBusiness WireHAUPPAUGE, N.Y.--(BUSINESS WIRE)--Globecomm Systems Inc. (NASDAQ: GCOM), a leading communications solutions provider, announced today that it has won contracts with Chariton Valley, Evolve Broadband (DBA WorldCall Interconnect) and Indigo Wireless to provide them with Globecomm’s LTE solutions, delivering a cost-effective, efficient path to 4G/LTE.
13y agoGCOMGlobecomm Reports Fiscal 2013 Third Quarter and Nine Month Financial ResultsBusiness WireHAUPPAUGE, N.Y.--(BUSINESS WIRE)--Globecomm Systems Inc. (NASDAQ:GCOM), a leading communications solutions provider, today reported financial results for the fiscal 2013 third quarter and nine months ended March 31, 2013. Globecomm is reporting its financial results on a generally accepted accounting principles (GAAP) basis as well as adjusted EBITDA and adjusted diluted net income per common shar ...
13y agoGCOMINSERTING and REPLACING Globecomm Announces Date of Third Quarter Financial Results Conference Call/WebcastBusiness WireHAUPPAUGE, N.Y.--(BUSINESS WIRE)--Insert after first graph: If you plan on participating in the conference call please dial (888) 428-9480 a minimum of five minutes prior to start of the call and reference the 7630095 confirmation code.
13y agoGCOMGlobecomm and TodoCast Partner to Deliver Over-The-Top Broadcast Solution for Media and EntertainmentBusiness WireHAUPPAUGE, N.Y.--(BUSINESS WIRE)--Globecomm Systems Inc. (NASDAQ: GCOM), a leading communications solutions provider, announced today a strategic partnership with TodoCast, a comprehensive, interactive online video platform and media services company to combine TodoCast’s live Internet broadcast capabilities with Globecomm’s global satellite network and broadcast infrastructure to provide direct-t ...
13y agoGCOMGlobecomm Announces Completion of an 1100 Site Network Deployment Using Its TempoSM Enterprise Media PlatformBusiness WireHAUPPAUGE, N.Y.--(BUSINESS WIRE)--Globecomm Systems Inc. (NASDAQ: GCOM), a leading communications solutions provider, announced today that it has completed the deployment of its TempoSM Enterprise Media Platform to over 1,100 locations across the United States for a distinguished national retailer. Under the terms of this 48-month managed services agreement, Globecomm will provide the technology, ...
13y agoGCOMGlobecomm Announces New Media Services for Content Owners and Service Providers at NABBusiness WireHAUPPAUGE, N.Y.--(BUSINESS WIRE)--Globecomm Systems Inc. (NASDAQ: GCOM), a leading communications solutions provider, announced today it will unveil new media broadcast solutions, including infrastructure for Over-the-Top services and Direct-to-Consumer solutions, and its interactive Tempo enterprise video platform. These new initiatives highlight Globecomm’s capabilities to provide extremely reli ...
13y agoGCOMGlobecomm Reports Fiscal 2013 Second Quarter and Six Month Financial ResultsBusiness WireHAUPPAUGE, N.Y.--(BUSINESS WIRE)--Globecomm Systems Inc. (NASDAQ:GCOM), a leading communications solutions provider, today reported financial results for the fiscal 2013 second quarter and six months ended December 31, 2012. Globecomm is reporting its financial results on a generally accepted accounting principles (GAAP) basis as well as adjusted EBITDA and adjusted diluted net income per common s ...
13y agoGCOMGlobecomm to Present at 34th Annual Cowen and Company Aerospace/Defense Conference in New York CityBusiness WireHAUPPAUGE, N.Y.--(BUSINESS WIRE)--Globecomm Systems Inc. (NASDAQ: GCOM), a leading communications solutions provider, today announced it will present at the 34th Annual Cowen and Company Aerospace/Defense Conference. The conference is being held February 6, 2013 at the InterContinental New York Barclay in New York City.
13y agoGCOMGlobecomm Announces Date of Second Quarter Financial Results Conference Call/WebcastBusiness WireHAUPPAUGE, N.Y.--(BUSINESS WIRE)--Globecomm Systems Inc. (NASDAQ: GCOM), a leading communications solutions provider, today announced that it will release its fiscal 2013 second quarter financial results after the market close on Wednesday, February 6, 2013 and will host a conference call on Thursday, February 7, 2013 at 10:00 a.m. EST to discuss such financial results.
13y agoGCOMGlobecomm Receives Contract from NATO Valued at $8.8 Million for GPS-Based Force Tracking System UpgradeBusiness WireHAUPPAUGE, N.Y.--(BUSINESS WIRE)--Globecomm Systems Inc. (NASDAQ:GCOM), a leading communications solutions provider, announced today that the Company has received a contract from NATO Communications and Information Agency (NCI Agency) valued at $8.8 million to upgrade the Company’s previously deployed GPS-Based Force tracking System (FTS) to handle additional capacity and add additional features.
13y agoGCOMGlobecomm Retains Needham & Company to Explore Strategic Alternatives to Enhance Shareholder ValueBusiness WireHAUPPAUGE, N.Y.--(BUSINESS WIRE)--Globecomm Systems Inc. (NASDAQ: GCOM), a leading communications solutions provider, today announced that it has retained Needham & Company to act as its financial advisor to review potential strategic alternatives to enhance shareholder value. There can be no assurance that this process will result in any transaction or any change in the Company’s overall structur ...
13y agoGCOMGlobecomm to Present at Needham & Company, LLC Growth Stock Conference in New York CityBusiness WireHAUPPAUGE, N.Y.--(BUSINESS WIRE)--Globecomm Systems Inc. (NASDAQ: GCOM), a leading communications solutions provider, today announced it will present at the 15th Annual Needham & Company, LLC Growth Stock Conference. The conference is being held January 15, 2013 at the New York Palace Hotel in New York City.
13y agoGCOMGlobecomm Maritime Provides Satellite Services to 3,500 Ships GloballyBusiness WireHAUPPAUGE, N.Y.--(BUSINESS WIRE)--Globecomm Systems Inc. (NASDAQ: GCOM), a leading communications solutions provider, announced today that it has reached a maritime industry milestone, providing connectivity services to 3,500 ships globally.
13y agoGCOMGlobecomm Reports Dismissal of LawsuitBusiness WireHAUPPAUGE, N.Y.--(BUSINESS WIRE)--Globecomm Systems Inc. (NASDAQ: GCOM), a leading communications solutions provider, announced today that the lawsuit captioned Wenz et al. v. Globecomm Systems, Inc., et al. commenced in the New York State Supreme Court in Suffolk County on October 11, 2012, has been dismissed. The lawsuit alleged omissions by Globecomm in connection with certain items in a proxy ...
13y agoGCOMGlobecomm Awarded Service Contract From US Government Agency Valued at $6.8 MillionBusiness WireHAUPPAUGE, N.Y.--(BUSINESS WIRE)--Globecomm Systems Inc. (NASDAQ: GCOM), a leading communications solutions provider, announced today that the Company has been awarded option year two of a five year contract from a US Government agency valued at $6.8 million. This contract is a combined effort between Globecomm’s wholly-owned subsidiaries, Globecomm Services Maryland, Globecomm Europe and Cachendo ...
13y agoGCOM ROLRollins, Inc. Deploys Globecomm’s TempoSM Streaming Media Platform for Global CommunicationsBusiness WireHAUPPAUGE, N.Y.--(BUSINESS WIRE)--Globecomm Systems Inc. (NASDAQ: GCOM), a leading communications solutions provider, announced today that Rollins, Inc. (NYSE: ROL) a premier North American consumer and commercial services company, has successfully deployed the Globecomm TempoSM Enterprise Media Platform linking more than 10,000 employees across 500 domestic and international locations and eight p ...
14y agoGCOMGlobecomm Receives Contract from NATO Valued at $4.5 Million for GPS-Based Force Tracking System UpgradeBusiness WireHAUPPAUGE, N.Y.--(BUSINESS WIRE)--Globecomm Systems Inc. (NASDAQ: GCOM), a leading communications solutions provider, announced today that the Company has received a contract from NATO Communications and Information Agency (NCI Agency) valued at $4.5 million to upgrade the Company’s previously deployed GPS-Based Force tracking System (FTS) to handle additional capacity and add additional features.
14y agoGCOMGlobecomm Awarded US Army GTACS ContractsBusiness WireHAUPPAUGE, N.Y.--(BUSINESS WIRE)--Globecomm Systems Inc. (NASDAQ: GCOM), a leading global provider of communications solutions and services, announced today that the Company has been awarded two Global Tactical Advanced Communications Systems (GTACS) contracts from the US Army’s Program Executive Office – Command, Control and Communications – Tactical (PEO-C3T). Globecomm was awarded contracts for ...
14y agoGCOMGlobecomm Reports Fiscal 2013 First Quarter Financial ResultsBusiness WireHAUPPAUGE, N.Y.--(BUSINESS WIRE)--Globecomm Systems Inc. (NASDAQ: GCOM), a leading communications solutions provider, today reported financial results for the fiscal 2013 first quarter ended September 30, 2012. Globecomm is reporting its financial results on a generally accepted accounting principles (GAAP) basis as well as adjusted EBITDA and adjusted diluted net income per common share, both non ...
14y agoGCOMGlobecomm Names Brian Morris Senior Vice President of Media & Entertainment Market ChannelBusiness WireHAUPPAUGE, N.Y.--(BUSINESS WIRE)--Globecomm Systems Inc. (NASDAQ: GCOM), a leading communications solutions provider, today announced the hiring of Brian Morris as Senior Vice President of their Media and Entertainment market channel, reporting to Keith Hall, president and chief operating officer. In this newly created role Mr. Morris will be responsible for Globecomm’s strategic direction and bus ...
14y agoGCOMIndependent Advisory Firm ISS Recommends Shareholders Vote FOR all Globecomm’s Proposals at the November 15th Shareholder MeetingBusiness WireHAUPPAUGE, N.Y.--(BUSINESS WIRE)--Globecomm Systems Inc. (NASDAQ: GCOM), a leading communications solutions provider, today announced that independent advisory firms Institutional Shareholder Services (ISS) and Egan Jones have recommended that Globecomm shareholders vote FOR all proposals at Globecomm’s November 15th Annual Meeting and Glass Lewis recommended that Globecomm shareholders FOR seven ...
14y agoGCOMGlobecomm’s Long Island and Maryland Facilities up 100% throughout Hurricane SandyBusiness WireHAUPPAUGE, N.Y.--(BUSINESS WIRE)--Globecomm Systems Inc. (NASDAQ: GCOM), a leading global provider of communications solutions and services, today reported that Globecomm’s robust Long Island and Maryland facilities, both of which were in the path of the storm, and staff (“the operational team”) successfully provided 100% network uptime throughout Hurricane Sandy for its global customer base.
14y agoGCOMGlobecomm Announces Date of First Quarter Financial Results Conference Call/WebcastBusiness WireHAUPPAUGE, N.Y.--(BUSINESS WIRE)--Globecomm Systems Inc. (NASDAQ: GCOM), a leading global provider of communications solutions and services, today announced that it will release its fiscal 2013 first quarter financial results after the market close on Tuesday, November 6, 2012 and will host a conference call on Wednesday, November 7, 2012 at 10:00 a.m. EST to discuss such financial results.
14y agoGCOMGlobecomm Responds to Shareholder Requests to Sell the CompanyBusiness WireHAUPPAUGE, N.Y.--(BUSINESS WIRE)--Globecomm Systems Inc. (NASDAQ: GCOM), a leading global provider of communications solutions and services, today issued the following response to several shareholders requesting that the Company’s Board put the Company up for public auction:
14y agoGCOMFaruqi & Faruqi, LLP Launches An Investigation Against Globecomm Systems Inc. (GCOM) For Potential Breaches Of Fiduciary Duties By Its Board Of Directors In The Manner It Seeks Executive Compensation ApprovalBusiness WireNEW YORK--(BUSINESS WIRE)--Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Globecomm Systems Inc. (“Globecomm” or the “Company”) (NasdaqGS: GCOM) for potential breaches of fiduciary duties in connection with their conduct in seeking shareholders’ approval of executive compensation and an amendment to the Company’s ...
14y agoGCOMGlobecomm to Showcase at Enterprise Media Technology EventsBusiness WireHAUPPAUGE, N.Y.--(BUSINESS WIRE)--Globecomm Systems Inc. (NASDAQ: GCOM), a leading global provider of communications solutions and services, will be exhibiting at multiple enterprise media-focused trade shows in October:
14y agoGCOMGlobecomm Receives Contract for the Design, Engineering and Supply of a High Speed Wireless Network Incorporating a Multi-Media Platform (Voice, TV, Video on Demand and Internet Services) from Somcable Limited Valued at $2.7 MillionBusiness WireHAUPPAUGE, N.Y.--(BUSINESS WIRE)--Globecomm Systems Inc. (NASDAQ: GCOM), a leading global provider of communications solutions and services, today announced that the Company has been awarded a contract for a new broadband wireless system technology from Somcable Limited (SCL) valued at $2.7 million.
14y agoGCOM ROLGlobecomm Reports Fiscal 2012 Fourth Quarter and Fiscal Year 2012 Financial ResultsBusiness WireHAUPPAUGE, N.Y.--(BUSINESS WIRE)--Globecomm Systems Inc. (NASDAQ:GCOM), a leading global communications solutions provider, today announced financial results for the fiscal 2012 fourth quarter and fiscal year ended June 30, 2012. Globecomm is reporting its financial results on a generally accepted accounting principles (GAAP) basis as well as adjusted EBITDA and adjusted diluted net income per com ...
14y agoGCOMGlobecomm Announces Date of Fourth Quarter Financial Results Conference Call/WebcastBusiness WireHAUPPAUGE, N.Y.--(BUSINESS WIRE)--Globecomm Systems Inc. (NASDAQ: GCOM), a leading global provider of communications solutions and services, today announced that it will release its fiscal 2012 fourth quarter financial results after the market close on Tuesday, September 11, 2012 and will host a conference call on Wednesday, September 12, 2012 at 10:00 a.m. EST to discuss such financial results.
14y agoGCOMGlobecomm Launches European Brand in The NetherlandsBusiness WireHAUPPAUGE, N.Y.--(BUSINESS WIRE)--Globecomm Systems Inc. (NASDAQ: GCOM), a leading global provider of communications solutions and services, announced today the integration of its European-based subsidiaries C2C and Mach6 into Globecomm Europe, effective September 1, 2012.
14y agoGCOMGlobecomm Awarded Various Infrastructure Contracts from US Government Agencies Valued at $5.9 MillionBusiness WireHAUPPAUGE, N.Y.--(BUSINESS WIRE)--Globecomm Systems Inc. (NASDAQ: GCOM), a leading global provider of communications solutions and services, today announced that the Company has been awarded various infrastructure contracts from US Government Agencies valued at $5.9 million.
14y agoGCOMGlobecomm Awarded Multiple Contracts from a US Government Agency Valued up to $7.8 Million and Receives Third Extension For US Army’s WWSS ContractBusiness WireHAUPPAUGE, N.Y.--(BUSINESS WIRE)--Globecomm Systems Inc. (NASDAQ: GCOM), a leading global provider of communications solutions and services, announced today that the Company has been awarded multiple contracts from a US Government agency valued at $5.0 million. The contracts include options which if exercised would bring the combined value of the contracts up to $7.8 million.
14y agoGCOMGlobecomm Awarded Multiple Infrastructure Contracts from a Foreign GovernmentBusiness WireHAUPPAUGE, N.Y.--(BUSINESS WIRE)--Globecomm Systems Inc. (NASDAQ: GCOM), a leading global provider of communications solutions and services, announced today that the Company has been awarded multiple infrastructure contracts from a foreign government valued at $3.7 million.
14y agoGCOMGlobecomm Awarded US Government Satellite Network and Communications Equipment ContractBusiness WireHAUPPAUGE, N.Y.--(BUSINESS WIRE)--Globecomm Systems Inc. (NASDAQ: GCOM), a leading global provider of communications solutions and services, today announced that the Company has been awarded a contract from the US Navy’s Space and Naval Warfare Systems Center Atlantic, located in Charleston, SC, for commercial-off-the-shelf satellite network and communications equipment and other services.