Path 1 Lands Cable Deal3/02/2004 7:22 AM Eastern
Path 1 Network Technologies Inc. announced a video-on-demand deal for its routing technology with an unnamed U.S. cable operator.
The unnamed buyer is purchasing Path 1's "Chameleon vidX" VOD devices, which enable the transmission of HD and standard-definition signals on VOD systems.
Path 1 said its vidX series offers cable operators flexibility by increasing the amount of VOD content they offer without rebuilding cable plant.
The vendor added that the initial phase of the deployment is valued at $350,000.