DIGITAL television technologies firm Pace revealed plans for a £308m acquisition as it announced a 46% rise in pre-tax profits.

The Saltaire-based company is to buy 2Wire, the leading US provider of residential gateways, software and services to broadband service providers in a deal Pace believes will expand its customer base across the Atlantic and provide opportunities in the telecommunications market.

In the first six months of the year Pace saw revenues and margins improve to take pre-tax profits to £......for the full story register now for free or login below...