Pace France has signed a conditional agreement to acquire Bewan Systems, the Paris-based IP and cable gateways specialist.

The consideration for the acquisition will be payable in cash and will not exceed €12.5 million. The transaction is expected to close during the second quarter of 2010.

Bewan’s residential gateway capabilities include expertise in xDSL and cable DOCSIS 3.0 IP connectivity.

Bewan’s technologies will combine with Pace’s existing gateway business, enabling Pace to offer converged gateway and digital TV solutions to pay TV customers.

Additionally, the strong relationships Bewan has with several customers in Europe, North Africa and the Middle East will further widen Pace’s growing global presence.

“Bewan will further diversify the Pace Group’s technology and product offering, helping deliver on our convergence vision," said Neil Gaydon, CEO, Pace, in a statement.

The Daily

Subscribe
Tuesday–September 8

Nexstar on Next Round of Tegna Fight

The ongoing Nexstar-Tegna legal fight saw some movement to start the week.

Read the Full Issue
The Skinny is delivered on Tuesday and focuses on the cable profession. You'll stay in the know on the headlines, topics and special issues you value most. Sign Up

Calendar

Nov 3
Most Powerful Women Awards Gala Honoring the Women Shaping the Future of Connectivity, Media & Technology
Nov 4
Top Women Leadership Forum Top Women Leadership Forum
Mar 30
CTV World 2027 PERFORMANCE ACROSS EVERY SCREEN
Full Calendar

Jobs

Seeking an INDUSTRY JOB or hiring for one?
VIEW JOBS

In conjunction with our sister brand, Cynopsis, we are offering hiring managers a deep pool of media-savvy, skilled candidates at a range of experience levels and sectors. The result will be an even more robust industry job board, to help both employers and job seekers.

Contact us at marketing@cynopsis.com, for more information about posting a job on the website and our Jobs newsletter, sent twice weekly to 85,000 media professionals.