Fidler's successor, former COO Greg Gudorf, said "As we assessed our situation, it became clear that the best action for Digeo was to focus our work on the next-generation product for the retail market," adding "Building the software and hardware for this category is a complex endeavor, with dynamic technical standards, regulatory issues, and content considerations. Previously, we were spreading our energies across too many platforms."
Although the company is still interested in making a splash in the retail world, rather than sticking to offering DVRs to Cable Television providers, the plans are a little less grandiose. For a company that's not already a household name this seems like a more realistic plan. According to Gudorf the company still plans to both continue existing relationships with cable companies and expand into mainstream retail sales.
Written by: Rich Fiscus @ 15 Jan 2008 21:59