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May 25, 2010

Pace is now number one

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by David Allen

The set top box manufacturer Pace is now the biggest supplier of satellite and cable TV set-top-boxes to the pay-TV industry in the world, according to new data released by industry analysts, IMS Research.

The Saltaire based company has shipped out more set top boxes than any other firm, taking it from third place in 2008 to market leader based on the company’s figures for 2009.

Growth in the global digital TV market over the past couple years has helped companies such as Pace to expand into South America and Asia, which are huge markets for pay TV services.

According to the chief executive of Pace, Neil Gaydon, a ranking such as this with the IMS data is a huge boost for the company and its innovative products.

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