Motorola, Inc (NYSE:MOT) and Comcast (Nasdaq: CMCSA, CMCSK) today announced that the companies have expanded their previously announced multi-year purchase agreement for digital set-tops.
The announcement was made at the 2007 International Consumer Electronics show (8-11 January, Las Vegas Convention Center) where Motorola (Stand #8545) is exhibiting.
Under the expanded agreement, Comcast will purchase several set-top models from Motorola, including dual-tuner, high-definition (HD) digital video recorders (DVRs), and all-digital cable receivers. These next-generation digital set-tops will support Comcast's Residential Network Gateway (RNG) specification along with the Open Cable Application Platform (OCAP) initiative. Several of the models will support Motorola's Follow Me TV solution and Motorola's Linux-Java™ software platform. Specific models will be compliant with government-mandated separable security, including CableCARD™ technology, as required.
"Comcast is focused on deploying advanced video services that add consumer value," said Steve Burke, President of Comcast Cable and Chief Operating Officer of Comcast Corporation. "Expanding our relationship with a leader like Motorola supports our ongoing commitment to being the provider of choice for home entertainment and information services."
"Comcast is a valued and long-time customer, and this extension strengthens our relationship," said Dan Moloney, Motorola executive vice president and president, Connected Home Solutions business. "Comcast and Motorola share similar visions of next-generation consumer experiences, and we are proud to provide them with advanced platforms that will help them deliver compelling new experiences for their customers."
Comcast Corporation (Nasdaq: CMCSA, CMCSK) (http://www.comcast.com) is the nation's leading provider of cable, entertainment and communications products and services. With 24.1 million cable customers, 11 million high-speed Internet customers, and 2.1 million voice customers, Comcast is principally involved in the development, management and operation of broadband cable systems and in the delivery of programming content.
Comcast's content networks and investments include E! Entertainment Television, Style Network, The Golf Channel, VERSUS, G4, AZN Television, PBS KIDS Sprout, TV One and four regional Comcast SportsNets. Comcast also has a majority ownership in Comcast Spectacor, whose major holdings include the Philadelphia Flyers NHL hockey team, the Philadelphia 76ers NBA basketball team and two large multipurpose arenas in Philadelphia.
Motorola is known around the world for innovation and leadership in wireless and broadband communications. Inspired by our vision of Seamless Mobility, the people of Motorola are committed to helping you get and stay connected simply and seamlessly to the people, information, and entertainment that you want and need. We do this by designing and delivering "must have" products, "must do" experiences and powerful networks -- along with a full complement of support services. A Fortune 100 company with global presence and impact, Motorola had sales of US $36.8 billion in 2005. For more information about our company, our people and our innovations, please visit www.motorola.com.