DG2L Tech to license MPEG-4 for set-top boxes to Indian firms
By Our Corporate Bureau | 11 Jun 2003
DG2L is a leading designer, developer and integrator of next-generation MPEG-4 open standards-based home gateway devices for the broadcast market. It is the first company in the world to launch an MPEG-4 set-top box. DG2L has technical collaborations with key companies worldwide leading the MPEG-4 initiative.
The company has been heralded as the technology of the future for the broadcast industry. Developers globally are adopting MPEG-2 compatible MPEG-4 set-top boxes and network gateways. As competition for subscribers heats up, broadcast operators are looking for new ways to reduce costs and increase revenues through feature-rich advanced television services.
MPEG-4 is the logical choice to become the new standard for digital media as it offers key advantages including optimised bandwidth and complete user interactivity. MPEG-4 is the solution that will enable the television to become the nodal device for entertainment, information and communication.
Says DG2L CEO A K Sheth: "We are convinced that DG2L's MPEG-4 technology solutions will differentiate and enable our partners to become market leaders in the broadcast and IP streaming industry. The challenge remains in identifying the companies that have the understanding and capabilities to execute and penetrate the market with this cutting-edge technology. While we are in negotiations with over a half a dozen companies we intend to partner with only a select few."
