Monday, March 7, 2005

Comcast Awards $1 Billion Set-top Deal to Motorola

Comcast and Motorola announced a multi-year set-top commitment valued at more than US$1 billion, the largest set-top purchase agreement in the operator's history. The deal extends a multi-year agreement for Comcast to purchase set-tops and network equipment. In addition, Motorola will provide high-definition digital video recorders and standard-definition entry-level models, among others.


Comcast and Motorola also announced an agreement to form two joint ventures focused on next-generation conditional access technologies.


The first joint venture will focus primarily on development of a next-generation conditional access system, using MediaCipher as its foundation. Comcast and Motorola will jointly manage the development group.


The second joint venture will focus on licensing conditional access and other cable technologies, including MediaCipher, to United States cable operators and third-party providers. The licensing venture will be managed by Comcast.



http://www.comcast.com
http://www.motorola.com