Comcast, TWC Team on RDK Management

Comcast (NASDAQ:CMCSA) and Time Warner Cable (NYSE:TWC) announced the formation of a joint venture, called RDK Management, to manage the Reference Design Kit (RDK) software for next-generation set-top boxes.The RDK is a pre-integrated software bundle, initially developed and licensed by Comcast to create a common framework for powering tru2way, IP or hybrid set-top boxes and gateway devices and to accelerate the development and deployment of next-generation video services. The RDK works with the CableLabs OCAP Reference Implementation software along with other open source components.The new company will be responsible for the RDK licensing, community support and training, as well as code management. Comcast will contribute RDK components into the new entity, including the RDK code and specifications, related intellectual property rights and associated contracts, including all of the current RDK licenses, which will be transitioned to RDK Management.The new entity also will provide continuity with the existing licensing program and continue to offer a licensing program similar to the existing program. In addition, the new entity will establish an expanded support program to provide technical support to RDK licensees as operators more broadly deploy the RDK solution. Since its introduction in early 2012, the RDK has gained more than 100 licensees.