Pace says it expects 2014 revenues to come in at $2,610 million, an increase of 6%.

Record fourth quarter revenues have resulted in a strong finish to the year with full year profitability ahead of the board’s guidance.

Mike Pulli, CEO, said: “Pace has performed very well in 2014 with a particularly strong second half to the year. We have launched a record number of products across the globe and continue to lead the market in both product innovation and the service we deliver to our customers. Demand from our customers has remained strong and we continue to win new business.”

Pulli added that the Aurora Networks acquisition had performed above expectations and has enabled the company to deepen its customer relationships.

Liberty Global is currently trialling the advanced Horizon user experience based on Pace developed set-top boxes at UPC Poland, the first RDK-based platform to be deployed by a European cable operator.