Thursday, November 4, 2010

Pace Acquires Latens -- Combining STBs with Conditional Access

Pace, which supplies set top boxes and advanced residential gateways, has acquired Latens Systems, which offers Conditional Access (CA)/DRM solutions. Latens will continue to operate as an independent unit. Latens headquarters are in the UK Belfast, Northern Ireland, with offices in Hyderabad, India and Atlanta, Georgia.

Pace is based in Saltaire, West Yorkshire, UK and employs over 1,000 people in locations around the world.

  • In October, Pace completed its acquisition of 2Wire, a deal that was valued at $475 million minus cash on hand. 2Wire supplies residential gateways and multi-service IPTV STBs. The company's key customers include AT&T for its U-verse rollout, as well as Bell Canada, Telmex, BT, SingTel, and others.


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