Home › DMW Daily › September 23, 2009

Moxi Set-top Maker Digeo Acquired by Arris for $20 Million

Authored by Mark Hefflinger on September 23, 2009 - 8:18am.
Suwanee, Ga. - Digeo, the developer of a digital video recorder set-top box and associated service, has been acquired by ARRIS Group for about $20 million.

Founded in 1999 by Microsoft co-founder Paul Allen, Kirkland, Wash.-based Digeo has raised more than $110 million to date, from investors including Allen's Vulcan Ventures.

The company distributes its line of Moxi DVR set-tops with cable providers including Charter, Time Warner Cable and Comcast.

Digeo had recently laid off half of its staff and scaled back on development plans.

 

Related Links:
http://www.arrisi.com/press_events/press_releases/pressdetail.asp?id=481

http://www.digeo.com

Published in DMW Daily, September 23, 2009
tags: Deals | TV | DVR | Acquisitions | Digeo | Moxi | Arris Group |



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