About Pace
Pace is a company based in Bradford (United Kingdom) founded in 1982 was acquired by ARRIS in April 2015.. Pace has completed 4 acquisitions, including 2Wire, Aurora Networks and Latens. Pace operates in a competitive market with competitors including Calix, Actelis, ARRIS, Sercomm and Turin Networks, among others.
- Headquarter Bradford, United Kingdom
- Stage Public
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Sectors
Telecommunications
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Phone
*********
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Website
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Social
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Software Development Team
177 people
Sales and Marketing
74 people
Leadership Team
53 people
Finance and Accounting
36 people
Human Resources and Administration
26 people
Senior Team
21 people
Operations Team
15 people
Legal and Compliance
13 people
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Funding Insights of Pace
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Pace
Pace has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include ARRIS. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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IP, video, and broadband solutions are supplied to cable operators.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Pace
Pace has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include 2Wire, Aurora Networks and Latens. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of unified communications and digital home solutions for operators
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2016 | ||||
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IT suite and networking services are provided by Latens.
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2005 | ||||
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Optical transport equipment is supplied for hybrid coaxial cable networks.
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1999 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Pace
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Pace Comparisons
Competitors of Pace
Pace operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Calix, Actelis, ARRIS, Sercomm and Turin Networks, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Communication equipment and software solutions are provided for broadband access.
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| domain | founded_year | HQ Location |
Broadband access solutions are delivered via DSL and wireless backhaul.
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| domain | founded_year | HQ Location |
IP, video, and broadband solutions are supplied to cable operators.
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| domain | founded_year | HQ Location |
Broadband and wireless networking solutions are delivered for telecom needs.
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| domain | founded_year | HQ Location |
Ethernet, wireless backhaul, and access solutions for networks are provided.
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| domain | founded_year | HQ Location |
High-speed internet and entertainment solutions are provided to railways.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Pace
Frequently Asked Questions about Pace
When was Pace founded?
Pace was founded in 1982.
Where is Pace located?
Pace is headquartered in Bradford, United Kingdom. It is registered at Bradford, West Yorkshire, United Kingdom.
What does Pace do?
Pace plc was founded in 1982 in Bradford, United Kingdom, within the telecommunications sector. Digital receivers for telephony and high-speed data are designed and manufactured. Products encompass high definition set-top boxes, personal video recorders, digital cable set-top boxes, media gateways, and MPEG set-top boxes. Engineering design, software applications, and support services are supplied to multiple service operators, broadcasters, telecommunications firms, and retail markets.
How many acquisitions has Pace made?
Pace has made 4 acquisitions, including 2Wire, Aurora Networks, and Latens.
Who are Pace's investors?
Pace has 1 investor. Key investors include ARRIS.
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