lse pic grey market pcmxf industry information technology fate acquired by arris group founded 1982 by david hood barry rubery robert fleming headquarters saltaire west yorkshire england key people allan leighton chairman mike pulli ceo products set top boxes media servers residential gateways elements software platform eco service management optical networking revenue 2 620.0 million 2014 1 operating income 180.9 million 2014 1 net income 148.0 million 2014 1 website www.pace.com pace plc develops set top boxes stbs advanced residential gateways software and services for the pay tv and broadband services industry . pace s customers include cable telco satellite and iptv operators . the company was listed on the london stock exchange until december 2015 when the company received the last of the regulatory clearances needed to allow a merger with arris group to proceed . contents 1 history 2 operations 3 customers 4 see also 5 references 6 external links history edit the company was founded as pace micro technology plc in 1982 by yorkshire born businessmen barry rubery david hood and robert fleming it introduced the first low cost commercially available modems in 1985 . 2 in 1987 it started selling its first analogue satellite set top receivers . 2 in 1995 it manufactured the world s first dvb decoders for australian satellite company galaxy . 2 pace was floated on the london stock exchange in 1996 . 2 in 1998 the company started shipping digital satellite television equipment for bskyb . 2 in 1999 pace purchased the set top box division of acorn computers and converted it into its cambridge office . 2 in the following years pace owned the gui risc os and used technologies based on it in its decoder equipment . the cambridge office was closed in 2003 . 3 pace started delivering products to comcast in the united states in 2000 ; the company also delivers to at & t and directv . 4 in 2001 pace announced that it was outsourcing the last of the manufacturing capacity which remained at its location in saltaire the head office was reduced to an administration and development centre . 5 pace micro technology dc757x set top box in march 2002 pace became the first company to market free to view personal video recorders pvrs . 6 in 2005 pace in conjunction with australian subscription television provider foxtel launched the first dvb c pvr . 7 in april 2006 neil gaydon became ceo taking over from john dyson and mike mctighe became the chairman taking over from sir michael bett . 8 in april 2008 pace acquired the set top box and connectivity solutions division of royal philips electronics approximately doubling the size of the company . 9 in may 2008 pace changed its name from pace micro technology plc to pace plc. 10 in 2010 pace acquired us home networking equipment maker 2wire 11 ip and cable specialist bewan systems sa 12 and pay tv software specialist latens systems . 13 in june 2011 allan leighton became chairman . 14 in december 2011 neil gaydon was replaced as ceo by mike pulli formerly president of pace americas 15 a significant milestone was reached in 2012 when pace sold its 100 millionth digital set top box . 2 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 . 16 on 22 april 2015 the boards of pace and arris group announced that they had reached agreement on the terms of a recommended combination of pace with arris in a stock and cash deal that valued pace at 1.4 billion . the combination is conditional on amongst other things shareholder approval from both pace and arris shareholders and also the receipt of merger control clearances in a number of jurisdictions including brazil colombia germany portugal south africa and the united states . the resultant combined group will be headquartered in the united kingdom but operationally managed from the united states . the combination will result in pace shareholders owning 24 % of the combined company and arris shareholders 76 % . 17 the company received the last of the regulatory clearances needed to allow the merger to proceed in december 2015 . 18 operations edit 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 usa france and india as well as the uk hq . customers edit the company s customers include armstrong united states astro satellite tv malaysia at & t inc. united states bell canada canada bein sports middle east and north africa cablevision argentina canal france charter united states cogeco canada comcast united states cyfra poland directv united states foxtel australia get norway gvt brazil liberty global europe mediacom united states multichoice africa south africa and rest of africa net brazil nova greece greece singtel singapore sky uk sky deutschland germany sky italia italy sky network television new zealand tata sky india telef nica latin america telstra australia upc netherlands netherlands viasat scandinavia and the baltics zon portugal see also edit cisco systems inview references edit a b c annual report 2014 pdf . pace plc. retrieved 31 march 2015 . a b c d e f g corporate history . pace.com . retrieved 31 march 2015 . redundancies at cambridge pace office 27 march 2003 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 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 plc completion of aurora networks acquisition and trading update notification pace 7 january 2014 recommended combination of pace and arris . pace plc. 22 april 2015 . retrieved 22 april 2015 . brazil green light clears way for arris completion of pace deal . digital europe . 3 december 2015 . retrieved 27 december 2015 . external links edit wikimedia commons has media related to pace digital set top boxes . official site v t e telecommunications industry in the united kingdom economy of the united kingdom science and technology in the united kingdom companies infrastructure providers arqiva babcock international bt 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telecommunications pipex priyo mobile rabbit stan mobile tiscali uk universal private telegraph company suppliers current arm holdings artevea csr icera metaswitch pace sarantel spirent telent defunct gec plessey telecommunications marconi company marconi communications picochip standard telephones and cables other carphone warehouse hibu phones 4u dial a phone government and regulatory bodies broadband stakeholder group defence science and technology laboratory european conference of postal and telecommunications administrations international telecommunication union ofcom phonepayplus industry bodies gsm association internet service providers association lonap london internet exchange manap symbian foundation internet telephony services providers association other adastral park british approvals board for telecommunications british telecommunications act 1981 british telephone sockets bt research bt site engineering code communications act 2003 earth stations in the united kingdom hull colour pages interception of communications act 1985 internet in the united kingdom telegraph act telegraph act 1868 telegraph act 1885 telephone numbers in the united kingdom uk telephone code misconceptions web blocking in the united kingdom category commons retrieved from https en.wikipedia.org w index.php title pace plc & oldid 736153353 categories electronics companies of the united kingdomcompanies based in bradfordcompanies established in 1982shipley west yorkshirecompanies listed on the london stock exchange1982 establishments in englandhidden categories commons category with local link same as on wikidatause dmy dates from march 2011 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools 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