Advised Latens, a provider of software-based digital TV security solutions, on its sale to Pace 
– Latens is a world leader in payTV software security and enhanced TV services
– Latens provides a range of solutions in next generation software Conditional Access (CAS) and Middleware (ECO) for all types and sizes of payTV operators including cable, IPTV, DTH, DTT and mobile
– Latens was founded in 2002 and has offices in UK, USA and India
– Pace (LSE:PIC) is the world’s largest developer of digital set-top box technology
– Pace offers a complete range of set-top boxes and personal video recorders alongside whole home solutions and gateway devices for the global pay TV market, working across satellite, cable, IPTV and terrestrial platforms
– Pace was founded in 1982 and is headquartered in Saltaire, UK
– The acquisition allows Pace to integrate Latens software and IP on its set-top boxes, personal video recorders and gateway devices
– Pace will be able to supply complete pay TV platforms for customers who prefer to purchase from a single technology supplier
– Latens’s range of cardless CAS products ensure that the customers will not have the deployment and management costs of card based systems
– Latens received inbound expression of interest due to its unique position as the leading independent provider of conditional access technology and middleware for payTV operators
– Arma was engaged to manage a focused approach with minimum disruption to the business
– Arma contacted key logical buyers and gauged their interest in a short time frame
– Arma participated actively in the process from coordinating due diligence to assisting in the negotiation of deal documentation