Pace is buying 2Wire

After buying Bewan Systems SA in March, Pace is now strengthening its telco residential gateway portfolio by buying 2Wire Inc. for an estimated $475 million. This will provide Pace, with entry into the U.S. market, as 2Wire has supported AT&T's triple-play and IPTV deployments for ten years. This acquisition is a clear example of the importance of home networking and managed services to today's service provider community.