Comcast Signs New Set-Top Pact with Pace

Comcast Signs New Set-Top Pact with Pace

Alan Breznick, Cable/Video Practice Leader, Light Reading

May 31, 2005

1 Min Read
Comcast Signs New Set-Top Pact with Pace

Comcast will buy more digital cable set-top boxes from Pace Micro Technology, under a deal that the two companies struck late last month. The three-year pact, valued at $375 million to $550 million based on the type of boxes that Comcast actually orders, supersedes an earlier agreement between the two firms. Notably, the agreement covers Pace's new Tahoe HD DVR set-tops. Comcast also gains the right to sublicense Pace's EngineWare software and specified set-top designs for the North American cable market. Finally, Comcast and Pace will jointly fund the latter's development of next-generation set-tops and related technologies.

About the Author(s)

Alan Breznick

Cable/Video Practice Leader, Light Reading

Alan Breznick is a business editor and research analyst who has tracked the cable, broadband and video markets like an over-bred bloodhound for more than 20 years.

As a senior analyst at Light Reading's research arm, Heavy Reading, for six years, Alan authored numerous reports, columns, white papers and case studies, moderated dozens of webinars, and organized and hosted more than 15 -- count 'em --regional conferences on cable, broadband and IPTV technology topics. And all this while maintaining a summer job as an ostrich wrangler.

Before that, he was the founding editor of Light Reading Cable, transforming a monthly newsletter into a daily website. Prior to joining Light Reading, Alan was a broadband analyst for Kinetic Strategies and a contributing analyst for One Touch Intelligence.

He is based in the Toronto area, though is New York born and bred. Just ask, and he will take you on a power-walking tour of Manhattan, pointing out the tourist hotspots and the places that make up his personal timeline: The bench where he smoked his first pipe; the alley where he won his first fist fight. That kind of thing.

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