Comcast, Motorola Extend Set-Top Box Relationship

Mar 8, 2005  •  Post A Comment

Comcast Corp. and Motorola on Tuesday extended their set-top box alliance, with the cable giant agreeing to purchase more than $1 billion worth of cable set-top boxes and network equipment.

The companies, which already had a multiyear set-top box pact in place when they struck this latest agreement, also agreed to form two joint ventures to develop technologies designed to ensure video subscribers get only the services to which they subscribes, known as conditional access technologies.

One of the ventures, jointly managed by Comcast and Motorola, will focus on developing the technology itself. The other will concentrate on licensing the conditional access tools and other cable technology to U.S. cable companies and other third-party providers. Comcast will be solely responsible for that venture.

The transaction is expected to close at the end of March or in early April.