TiVo and Pace Announce First Pace Product With TiVo Software Integration
Pace XG1 Multi-Tuner Video Gateway to Offer 6 Video Tuners, Integrated DOCSIS 3.0 and Support for TiVo Whole Home Solution
BOSTON, MA -- (Marketwire) -- 05/21/2012 -- TiVo Inc. (NASDAQ: TIVO), the creator of and a leader in advanced television services, including digital video recorders (DVRs), for consumers, content distributors and consumer electronics manufacturers, and Pace (LSE: PIC), a leading developer of technologies, products and services for global broadband and broadcast markets, today announced details of the first product, the Pace XG1, resulting from a global partnership TiVo and Pace announced in February 2012 to develop flexible, advanced television solutions for operators. This new Multi-tuner Video Gateway from Pace will provide cable operators in the Americas an advanced television solution for their customers by bringing to market the full award-winning TiVo experience on powerful, new platforms designed to be easily integrated with today's cable networks.
The Pace XG1 includes 6 video tuners, an integrated DOCSIS 3.0 modem, and at least 500GB of on board hard drive storage. It will utilize TiVo's whole-home capabilities, such as multi-room streaming and support for both traditional set-top boxes and IP devices as clients over MoCA, and support for TiVo's mobile and tablet applications.
David Sandford, Vice President and General Manager of TiVo's Service Provider Business, said, "This partnership will make the TiVo experience easily accessible to more cable operators than ever before. It will provide operators a best-in-class advanced television solution that they can quickly and cost-effectively deploy and will serve as the gateway to a rapidly expanding choice of content across multiple screens through TiVo's whole-home solutions."
Tim O'Loughlin, President of Pace Americas, stated, "There is no denying that the current climate for operators is immensely competitive, and we have been hearing more and more frequently from this community that TiVo is a user experience that they want to offer. We are excited this partnership has yielded a product that will harness the very best of traditional television and broadband delivered content into a seamless, enjoyable package across multiple Pace platforms and customer owned devices."
As previously announced, this initial offering will first be made available by Pace to cable operators in the Americas later this year. TiVo and Pace also expect to follow the XG1 with additional solutions for domestic and international operators soon after.
U.S. operators currently deploying TiVo offerings to their customers include Charter, DIRECTV, RCN, Suddenlink and Grande Communications, and European operators include Virgin Media, the largest cable operator in the UK, and ONO, the largest cable operator in Spain.
TiVo and Pace unveiled details about the Pace XG1 at the 2012 NCTA Cable Show in Boston. For more information visit the TiVo booth #1859 and Pace booth #1653 located in the main exhibit hall.