PRN: Pace Announces Integration Partnership With Minerva
Pace Announces Integration Partnership With Minerva
SALTAIRE, England, June 16, 2011 /PRNewswire/ --
Minerva Platform to be Integrated With Pace HD Set-top Boxes to Deliver Expanded Television Services Over Broadband Networks
Pace (LSE: PIC), the leading developer of digital TV technologies for the payTV industry, today announces a partnership agreement with Minerva, a leading supplier of software solutions for the delivery of television services over broadband networks. The worldwide agreement will integrate Minerva xTVFusion middleware technology into Pace's HD set-top boxes, expanding the range of IPTV middleware and technology delivery options available to service providers.
The partnership will allow Pace to offer a pre-integrated end-to-end solution to service providers across its global customer base. It will enable operators to seamlessly integrate IPTV services into the broadcast offering and provide a cost effective satellite and cable television delivery solution across Europe and South America.
Minerva middleware, integrated with Pace technology, will allow service providers to cost effectively deliver a range of new IP services to subscribers including video-on-demand, restart-TV, network-based digital video recording, catch-up TV, and Internet video.
Mike Pulli, President, Pace Americas, commented: "Deployed over networks serving more than 20 million homes worldwide, Minerva is at the forefront of the convergence between the Internet and television. This new relationship facilitates the opportunity for Pace to deliver the complete solution at a competitive price to serve increasing customer expectations worldwide. Building on additional middleware partnerships, Pace is able to deliver the best possible user experience for the home network, and lead the future of the converged home."
Mauro Bonomi, CEO, Minerva Networks, added: "This partnership represents a superb opportunity for Minerva to work closely with Pace to deliver innovative solutions to broadband service providers worldwide. Together we will offer a complete best-of-breed platform that will help our global customers broaden their reach and capabilities."
About Pace plc
Pace plc (LSE:PIC) is a leading technology developer for the global payTV industry, working across satellite, cable, IPTV and terrestrial platforms.Â Pace has one of the world's most experienced specialist engineering teams, developing intelligent and innovative products and services for both payTV operators and retail markets across the world.
Pace employs over 2000 people in locations that include the UK, the USA, France, India and China.Â Pace's international headquarters are in Saltaire, West Yorkshire, UK. For more information on Pace, please visit http://www.pace.com
About Minerva Networks
Minerva Networks is the leading provider of carrier-class solutions for the delivery of television services over broadband networks. Over 200 network operators worldwide use Minerva's platforms to deliver next-generation entertainment and communications services. For more information, visit http://www.minervanetworks.com.
Company Codes: LSE:PIC, Bloomberg:PIC@LN, RICS:PIC.L, ISIN:GB0006672785