Pace Micro Technology
 |
|
| Public | |
| Traded as | : Grey Market: |
| Industry | Information technology |
| Fate | Acquired by Arris Group |
| Founded | 1982 by David Hood, Barry Rubery, Robert Fleming |
| Headquarters | Saltaire, West Yorkshire, England |
|
Key people
|
Allan Leighton, Chairman Mike Pulli, CEO |
| Products | set-top boxes, media servers, residential gateways, Elements software platform, ECO service management, optical networking |
| Revenue | $2,620.0 million (2014) |
| $180.9 million (2014) | |
| $148.0 million (2014) | |
| Website | www |
Pace plc was a British company who developed set-top boxes (STBs), advanced residential gateways, software and services for the pay-TV and broadband services industry. Pace's customers included cable, telco, satellite and IPTV operators. The company was listed on the until December 2015 when the company received the last of the regulatory clearances needed to allow a merger with Arris Group to proceed.
The company was founded as Pace Micro Technology plc in 1982 by Yorkshire born businessmen Barry Rubery, David Hood and Robert Fleming, it introduced the first low-cost commercially available modems in 1985. In 1987 it started selling its first analogue satellite set-top receivers. In 1995 it manufactured the world's first DVB decoders for Australian satellite company Galaxy.
Pace was floated on the in 1996. In 1998 the company started shipping digital satellite television equipment for BSkyB. In 1999, Pace purchased the set-top box division of Acorn Computers and converted it into its Cambridge office. In the following years Pace owned the GUI RISC OS, and used technologies based on it in its decoder equipment. The Cambridge office was closed in 2003.
Pace started delivering products to Comcast in the United States in 2000; the company also delivers to AT&T and DirecTV. In 2001 Pace announced that it was outsourcing the last of the manufacturing capacity which remained at its location in Saltaire: the head office was reduced to an administration and development centre.
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Wikipedia