[Satellite Today – 07-10-08] Pace expects to perform ahead of expectations over the next year, the company said July 10.
The set-top box manufacturer expects to benefit from a combination of a favorable exchange rate and stronger-than-expected performance of certain parts of its business.
Pace France, the renamed Philips set-top box and connectivity solutions business Pace acquired in April, in particular has benefited from these conditions, Pace said. Pace France initially was expected to post a loss in 2008 but now is profitable, and Pace expects that the company’s performance for the year will significantly exceed current expectations.
Pace Sees Early Benefits From Philips Acquisition
GomSpace to Establish New Ukrainian Joint Venture for Sovereign Comms
GomSpace, the Danish satellite company, looks to play a key role in developing sovereign satellite capabilities in Ukraine. It has signed a deal with its Ukrainian partner Stetman which will see […]
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