Global Teleprotection Market Report 2015-2019 with ABB, General Electric, Schneider Electric & Siemens Energy Dominating
M2 - Mon Feb 02, 5:18AM CST
Research and Markets (http://www.researchandmarkets.com/research/jg58l8/global) has announced the addition of the "Global Teleprotection Market 2015-2019" report to their offering. The Global Teleprotection market to grow at a CAGR of 21.7% over the period 2014-2019 Teleprotection provides a secure and sustained supply of electricity to ensure stability and efficiency of systems. Teleprotection protects systems from failure and damage by disconnecting them from reactors, transformers, and high-voltage lines if a faulty connection is detected. The system relies on a symmetric telecom network for providing a communication channel between devices. With the help of these channels, the time delay between the units is measured, which is further required to make observations to identify faults. Teleprotection systems are adopted by some major sectors such as Power and Telecom and are gaining popularity in the Aerospace, Defense, Transportation, and IT sectors. One major trend upcoming in this market is the high adoption in the aerospace and defense sectors, which require an uninterrupted flow of balanced power for monitoring and managing daily operations. This is expected to support the growth of the Global Teleprotection market. According to the report, one of the major factors of the market is the increased need for uninterrupted power supply. Sectors such as Power, Telecom, IT, and Energy need continuous and accurate distribution of electricity, the failure of which will lead to power outages. Therefore, these sectors use telecom equipment for maintaining the balance of electricity flow. Further, the report states that one of the key challenges in the market is the high cost of implementation. End-users are reluctant to adopt teleprotection systems as they are high priced. As each sector requires multiple teleprotection systems, the high capital investment required for this deters users from adopting these systems in large numbers. Therefore, end-users limit their investments to a smaller amount of teleprotection equipment. Key Vendors - ABB - General Electric - Schneider Electric - Siemens Energy Other Prominent Vendors - Alcatel-Lucent - Alstom Sa - Altalink - Amperion - Conolog - Itron - Ambient Corporation - Nokia Oyj - Orion Telecom Networks - Rad Data Communications - RFL Solution - Schweitzer Engineering Laboratories - Selta Spa - Texas Instruments - Valiant Communications For more information visit http://www.researchandmarkets.com/research/jg58l8/global
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Ambient Asset Sale to Ericsson Completed
ACCESSWIRE - Tue Oct 28, 3:32PM CDT
Newton, MA / ACCESSWIRE / October 28, 2014 / Ambient Corporation announced today that on September 30, 2014 it completed the sale of substantially all of its assets to Ericsson Inc. for an aggregate purchase price of $7,500,000 and the assumption of certain of Ambient's unsecured liabilities. Completion of the purchase followed a hearing held on September 26, 2014 at which the United States Bankruptcy Court for the District of Delaware overseeing Ambient's Chapter 11 approved the transaction. All of Ambient employees were offered employment with Ericsson.
Delisting of Securities of Aquasition Corp., Glori Energy Inc., NewLead Holdings Ltd., UniTek Global Services, Inc. Ambient Corporation and Alvarion Ltd. From The NASDAQ Stock Market
GlobeNewswire - Wed Sep 10, 3:08PM CDT
The NASDAQ Stock Market announced today that it will delist the unit and warrant of Aquasition Corp. Aquasition Corp.'s unit and warrant were suspended on September 04, 2014 and have not traded on NASDAQ since that time.
GLRI: 0.85 (+0.07), NDAQ: 53.09 (-0.69)