Sign in Subscribe
Telecommunications equipment industry

PAX NET and Tektronix Form Strategic Partnership for Next-Generation Digital Network

Strategic Insights

— 1 min read

PAX NET, the nation's newest emerging network, has partnered with Tektronix, Inc., a leading provider of digital video systems, to launch its nationwide network later this year. The partnership, which includes a $7.5 million order for Tektronix' digital, video, and test products, will provide PAX NET with the key elements needed to deliver high-quality digital content to millions of households across the United States.

Key Takeaways:

  • PAX NET has signed a $7.5 million order for Tektronix' world-class digital, video, and test products, including MPEG-2 4:2:2 Profile video file servers and Grass Valley M-2100 digital master control switchers.
  • The partnership will enable PAX NET to take advantage of emerging technologies, such as MPEG-2 4:2:2 and Fibre Channel, and position itself for future growth and expansion.
  • PAX NET plans to launch its nationwide network on August 31, 1998, with a prime-time schedule featuring a range of popular off-network series, movies, and documentaries.
  • The PAX NET network will reach over 72 million US TV households, covering 77 stations in markets reaching each of the top 20 markets and 42 of the nation's top 50 markets.
  • PAX NET owns and operates the nation's largest group of television stations, with a total of 77 stations in its portfolio.

Statistics:

  • $7.5 million: The value of the order placed by PAX NET for Tektronix' digital, video, and test products.
  • 12,000 channels: The number of channels worldwide that are currently streaming video using Tektronix' MPEG-2 4:2:2 Profile video file servers.
  • 77 stations: The number of television stations owned and operated by PAX NET across the United States.
  • 72 million: The number of US TV households that will be reached by the PAX NET network.
  • 42: The number of the nation's top 50 markets covered by the PAX NET network.
  • 1998: The year in which PAX NET plans to launch its nationwide network.

Sources:

  • "Tektronix and PAX NET Form Strategic Partnership," PR Newswire, April 6, 1998.
  • "Paxson Communications Corporation," Company website, www.pax.net.
  • "Tektronix Inc.," Company website, www.tek.com.
  • "Tektronix and Profile," Company news on-call, http://www.prnewswire.com.

Read more