Pace wins Sky digibox supply contract

Satdude

Pace wins Sky digibox supply contract

Pace Micro Technology has confirmed that it has secured additional business with BSkyB for the supply of the Sky digibox. The business, for the financial year 2007, follows last week’s news that BSkyB was to purchase Pace’s set-top rival Amstrad for £125 million.

The Saltaire-based company already has contracts in place to supply the Sky HD box, shipments of which are expected to commence before the end of the year, and the Sky+ digital video recorder.

The contract wins have already been factored in by Pace to its expected financial performance in 2007 and 2008.

Regards Satdude.