Arma Partners has acted as exclusive financial adviser to Latens Systems on its sale to Pace.
The transaction is valued at GBP28.75m.
Founded in 2002 and headquartered in Belfast, Latens specialises in payTV software security and enhanced TV services. Latens provides a range of solutions in next generation software Conditional Access and Middleware for all types and sizes of payTV operators including cable, IPTV, DTH, DTT and mobile. Latens has offices in the UK, US and India.
Pace is a technology developer for the global payTV market, working across satellite, cable, IPTV and terrestrial platforms.
Arma Partners is a technology, media and telecommunications M&A advisory firm with offices in London, Palo Alto and Tel Aviv.
