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Pace

Latest Headlines

Latest Headlines

Arris closes Pace acquisition, lays out executive team

After officially closing its $2.1 billion purchase of rival UK set-top maker Pace, Arris announced the executive structure for the combined company.

Arris gets UK court approval, setting $2.1B Pace acquisition to close Jan. 4

Arris announced that the High Court of Justice in England and Wales has conditionally approved its $2.1 billion acquisition of Pace, setting up the deal to close on Jan. 4.

Arris says DOJ has signed off on Pace purchase sans stipulations

No. 1 pay-TV cable CPE maker Arris said its merger with No. 2 UK rival Pace has cleared the Department of Justice, with nary a condition.

Arris' Pace acquisition delayed due to DOJ concerns

Arris says the U.S. Department of Justice has requested additional information about "certain optical transmission products," and Arris' proposed $2.1 billion purchase of Pace won't close until at least late December.

Comcast X1 at 3 years: Painfully slow rollout belies platform's potential to keep cable in the video business

Matthew Strauss describes the creation of company's X1 platform as a "big moment" for Comcast. He said the X1 takes "all the learnings we had from mobile and all the learnings we had from on-demand, and brings it back to the television."

Cisco bails on fast-declining set-top market, sells unit to Technicolor for $602M

French media technology conglomerate Technicolor has agreed to purchase Cisco's customer premises equipment (CPE) division for $602 million, a move delivers a second burst of consolidation to the fast-declining pay-TV set-top industry.

How the global set-top market lapsed into recession... and how it can return to growth

In the 2000s, global sales of pay-TV set-tops boomed, as operators raced to keep up with consumer demand for digital video recorders, HD and digital cable. But all winning streaks eventually come...

Why the once-great pay-TV set-top box market is now in retreat

The once fast-growing pay-TV set-top market is changing fast. And for set-top manufacturers, it's not for the better, as the forces of operator consolidation and pay-TV market maturity, as well as the emergence of cloud-based video distribution systems, begin to take their toll.

Pace acquisition gives Arris offset to volatile U.S. pay-TV market, analyst says

Merging the world's two largest set-top makers, Arris' $2.1 billion acquisition of Pace offers insulation from a volatile U.S. pay-TV market, as well as the unpredictable revenue streams of the disparate CPE product cycles, analysts say.

Arris to acquire Pace for $2.1B

Set-top maker Arris has agreed to acquire its competitor Pace for $2.1 billion in stock and cash.  The deal will provide Arris will an entry into the satellite business as well as beef up its customer base. The newly merged company will be incorporated in the U.K. but its headquarters will remain in Suwanee, Ga.
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