x
Video software

Pace Buys Again

12:20 PM -- Only months after shelling out big bucks to buy home gateway firm 2Wire, set-top box giant Pace plc has opened its wallet again. (See Pace Makes $475M Move on 2Wire.)

Pace has paid £28.75 million (US$46.8 million) for Belfast, Northern Ireland-based Latens Systems Ltd. , a specialist in conditional access and digital rights management (DRM) systems used by pay-TV service providers (satellite, cable, telecom operators). (See Pace Buying Latens , Latens, GoBackTV Pitch IPTV to Cable, Dish Nepal Picks Latens Security, Latens Heads South, and Latens Boots Up Dual Set-Top Security.)

The question is, does Pace have further acquisitions in mind? Might it look to boost its portfolio further with a middleware player or TV/multimedia applications development house? Or even reach further back into the network with a video storage or video server play? There's no doubt Pace sees an opportunity in building an integrated video delivery platform for the home, but whether it will take its ambitions out of the home and into the network is another matter.

— Ray Le Maistre, International Managing Editor, Light Reading

Be the first to post a comment regarding this story.
HOME
Sign In
SEARCH
CLOSE
MORE
CLOSE