Mitsubishi Electric Corp and Seattle, Washington-based digital video decoder designer Stellar One Corp have allied to produce set-top boxes for interactive digital video systems. Mitsubishi will license Stellar One’s set-top box technology, and the two will collaborate on future set-top technology. The alliance will enable Stellar One and Mitsubishi to bid jointly on proposals to make television set-top boxes for telecommunications carriers worldwide. And the Mitsubishi Electronics America unit of Mitsubishi Electric is to invest an undisclosed sum in Stellar One in a deal that gives Stellar privileged access to dynamic memory and application-specific circuits made by Mitsubishi.
