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TV Place-Shifting Technology Developer Inxstor Raises $1.2 Million

Authored by Mark Hefflinger on August 14, 2007 - 9:25am.

Fife, Scotland - Inxstor, a developer of TV place-shifting technology that lets users access premium home channels from the Internet while on the go, has raised $1.2 million in new funding from Scottish venture firm Braveheart, and the Scottish Co-investment Fund, The Herald reported.

tags: Deals | VC | Video | TV | Pace Micro | Place-Shifting | Inxstor | Braveheart | Scottish Co-investment Fund |

Pace Micro Technology Introduces HD Digital Video Recorders

Authored by Mark Hefflinger on September 20, 2006 - 11:59am.
Saltaire, England - Pace Micro Technology on Wednesday introduced new two new high-definition digital video recorder set-top boxes. Both the version of the Pace HD PVR for satellite TV systems and the version for cable systems feature a 250GB hard drive and triple tuners, allowing viewers to record two channels while watching stored content. Pace said Turkish satellite operator Digiturk will deploy its satellite HD DVR next year.
tags: Video | Tech | TV | HD | CE | DVR | Pace Micro |

Set-top Box Maker Pace Micro Technology Names Neil Gaydon CEO

Authored by dmw on April 5, 2006 - 12:45pm.
Saltaire, England - Pace Micro Technology, a maker of digital TV set-top boxes, announced on Wednesday that it has named Neil Gaydon as its new chief executive officer. Gaydon, formerly the company's director of worldwide sales and marketing, will replace current CEO John Dyson, who is retiring from the company.
tags: Video | Tech | People | Career | Moves | CE | DVR | Set-tops | Video Tech | Pace Micro | Neil Gaydon |

Pace Micro to Provide Digital Set-top Boxes to Sky Italia

Authored by Mark Hefflinger on January 11, 2006 - 3:54am.
Saltaire, England - Set-top box maker Pace Micro Technology announced on Wednesday that News Corp.'s Sky Italia satellite TV service will deploy Pace's 160GB digital video recorder set-tops to its 3.4 million subscribers.
tags: Pace Micro | Digital | Set-top Boxes | Sky Italia |

Pace Micro Signs Set-Top Box Deal With Comcast

Authored by Mark Hefflinger on May 31, 2005 - 5:22am.
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.
tags: Deals | Comcast | Pace Micro | Set-top Box |

Set-Top Maker Pace Micro Fined Record $849,000 for Listing Violation

Authored by Mark Hefflinger on January 28, 2005 - 5:14am.
London -- After a three-year investigation, the U.K. Financial Services Authority (FSA) has fined Pace Micro, a U.K.-based TV set-top box manufacturer, a record $849,000 for breaching stock exchange listing rules. The FSA levied the fine, more than five times the previous record, after deciding Pace Micro had failed to keep investors properly updated. After a profits warning in March 2002, Pace Micro shares lost 67% of their value in a single day. The company had published interim results only two months previous. "The effect of Pace's omission from its interim announcement on January 8, 2002, was further compounded by the delay in announcing its changed expectation as to its financial performance until March 5, 2002," said FSA director of markets Gay Huey Evans. "These were clear breaches of the listing rules."
tags: Law | Pace Micro | Set-Top Maker | Listing Violation |