Pace plc
residential gateways, Elements software platform, ECO service management, optical networking | |
Revenue | $2,620.0 million (2014)[1] |
---|---|
$180.9 million (2014)[1] | |
$148.0 million (2014)[1] | |
Website | www |
Pace
History
The company was founded by Yorkshire born businessmen Barry Rubery, David Hood and Robert Fleming in 1982,
Pace was
Pace started delivering products to
In March 2002, Pace became the first company to market
In April 2008, Pace acquired the 'Set-Top Box and Connectivity Solutions' division of
In July 2010, Pace acquired home networking equipment maker 2Wire, which was based in the United States,[14] IP and Cable specialist, Bewan Systems SA[15] and pay television software specialist, Latens Systems.[16] In June 2011, Allan Leighton became chairman.[17] In December 2011, Neil Gaydon was replaced as CEO by Mike Pulli, formerly president of Pace Americas[18]
A significant milestone was reached in 2012, when Pace sold its one hundred millionth digital set top box.[5] In January 2014, Pace completed the acquisition of Aurora Networks, a leading developer and manufacturer of advanced, next generation optical transport and access network solutions for broadband networks.[19]
On 22 April 2015, the Boards of Pace and
The company received the last of the regulatory clearances needed to allow the merger to proceed in December 2015.[20] The acquisition was completed on 4 January 2016. The resultant combined group is incorporated in the United Kingdom, but operationally managed from the United States, and is owned 24% by Pace shareholders and 76% by Arris shareholders.[21][22]
Operations
Pace's head office is in Saltaire, near Bradford in West Yorkshire. It occupies a large proportion of the Victorian textile mill complex called Salt's Mill. The company has major operations in the United States, France and India, as well as the United Kingdom HQ.
Customers
The company's customers include:
- Armstrong – United States
- Astro (satellite TV)– Malaysia
- AT&T Inc.– United States
- Bell Canada – Canada
- beIN Media Group – Middle East and North Africa
- Cablevisión (Argentina)– Argentina
- Canal+ – France
- Charter – United States
- Cogeco – Canada
- Comcast – United States
- Cyfra+– Poland
- DirecTV – United States
- Foxtel – Australia
- Get – Norway
- Vivo- Brazil
- Liberty Global – Europe
- Mediacom – United States
- MultiChoice Africa – South Africa and rest of Africa
- NET– Brazil
- NOVA Greece– Greece
- SingTel– Singapore
- Sky– United Kingdom
- Sky Deutschland – Germany
- SKY Italia– Italy
- SKY Network Television– New Zealand
- Sonic.net- United States
- Tata Sky– India
- Telefónica – Latin America
- Telstra – Australia
- UPC Netherlands – Netherlands
- Viasat – Scandinavia and the Baltics
- ZON– Portugal
- TrueVision - thailand
See also
- Cisco Systems
- Inview
References
- ^ a b c "Annual Report 2014" (PDF). Pace plc. Retrieved 31 March 2015.
- ^ Frankel, Daniel (4 April 2019). "CommScope Closes $7.4B Arris Purchase". Multichannel News. Retrieved 9 July 2021.
- ^ a b c d Sutton, Colin (February 2000). "Keeping Pace with technology". Acorn User. pp. 20–21. Retrieved 5 May 2022.
- ^ "ARRIS GLOBAL LTD". Companies House. Retrieved 5 May 2022.
- ^ a b c "Corporate History". Pace plc. Archived from the original on 9 March 2014. Retrieved 5 May 2022.
- ^ Naulls, Peter (27 March 2003). "Redundancies at Cambridge Pace office". Drobe. Archived from the original on 19 April 2003. Retrieved 16 August 2023.
- ^ Pace to Supply Digital Set Top Boxes to Comcast Cable Business Wire, 26 June 2000
- ^ Gordon Brown investigates China Business Wire, 23 February 2005
- ^ Pace launches Digital Free to View PVR Automated Home, 25 September 2002
- ^ Pace to Launch World's First DVB Cable PDR for payTV Business Wire, 21 February 2005
- ^ Gaydon named Pace CEO Archived 9 June 2011 at the Wayback Machine CED Magazine, 5 April 2006
- ^ Pace buys Philips set top box business The Times Online, 19 December 2007
- ^ "Pace Plc (PIC) Company Profile - CorporateInformation.com". corporateinformation.com. Retrieved 31 March 2015.
- ^ "Pace to buy US broadband company". BBC News. 26 July 2010. Retrieved 1 August 2011.
- ^ Pace Ups Tempo With Bewan Buy Light Reading, 2 March 2010
- ^ Pace buys Irish software company Yorkshire Post, 4 November 2010
- ^ Allan Leighton confirmed as Pace plc Chairman Pace, 21 June 2011
- ^ "US boss takes over as head of Pace". The Yorkshire Post. 15 December 2011. Retrieved 16 December 2011.
- ^ "Pace Completes $323 Mln Acquisition Of Aurora Networks; Stock Rises". RTT News. 7 January 2014. Retrieved 16 June 2017.
- ^ "Brazil green light clears way for Arris completion of Pace deal". Digital Europe. 3 December 2015. Retrieved 27 December 2015.
- ^ "Recommended Combination of Pace and ARRIS". Pace plc. 22 April 2015. Retrieved 22 April 2015.
- ^ "ARRIS Completes Pace Acquisition: Combined companies to transform video and broadband delivery through broadened portfolio, global footprint, and customer base". Arris official website (press release). Arris. 4 January 2016. Archived from the original on 23 January 2016. Retrieved 2 November 2016.