Motorola set-top box unit lures PE bids [Reuters]
As a dominant player in the television set-top business, millions of Americans watch their television shows via Motorola's equipment. That business looks to be going on the auction block over the next few months. Reuters reports that several firms have expressed an interest in purchasing Motorola's set-top division. Those reportedly include several private equity firms along with equipment manufacturer Arris.
One source quoted in this article as calling the set-top business "yesterday's technology," but that statement doesn't capture the possibility of the business becoming the technology of tomorrow. Recently the FCC announced its interest in set-top manufacturers creating a cross-platform set-top capable of broadband access as part of the Commission's national broadband initiative. With their widespread deployment, the FCC believes that set-tops could be a vehicle for expanding broadband adoption.
It's unclear who will end up with the winning bid, though this article has a list of the likely bidders. Regardless of the outcome, its looking possible that many cable customers will be seeing a new company logo on their digital set-tops in the near future.