Through the partnership the two companies seeks to take advantage of the growing proliferation of IP-connected entertainment options.
According to Head Monster Noel Lee, the deal will help Digeo expand the reach and availability of the Moxi platform through a variety of development, licensing and distribution deals. It also brings Monster a step closer to its expanded business strategy of plug-and-play connected entertainment and home control devices.
“Digeo’s vision for the IPTV marketplace is bold and exciting and complements Monster’s digital home group’s product initiatives,” said Lee. ‘With this collaborative effort, Monster is poised to be a leader in the connected home space, with a variety of unique IP-based entertainment and control products and a truly world-class offering of digital content and value added services for the home.”
Digeo CEO Mike Fidler said, “The time is right for Digeo to explore ways to couple our popular user interface design and software and services expertise with other high-end products for the home. Working with Monster, a leader in connecting devices in the home, is yet another way for us to deliver on our vision of providing a superior entertainment experience to a broader set of consumers.”
Lee said the first jointly produced products are in development and should debut at International CES in January.