Pace Micro Signs Set-Top Box Deal With Comcast
Boca Raton, Fla. -- Pace Micro Technology, a U.K.-based designer of set-top boxes used to deliver digital TV services, announced that it has signed a three-year agreement to provide its set-tops to Comcast, the largest cable TV provider in the U.S. Under the terms, Comcast may purchase between $375 million and $550 million in Pace equipment for deployment to its subscribers, including Pace's new Tahoe HD digital video recorder set-top box. The deal also calls for Comcast and Pace to jointly fund development of next-generation cable set-top boxes and related technologies.
http://www.comcast.com
http://www.pacemicro.com
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