Toronto, Canada; Augsburg, Germany — (press release excerpt) — MGI and TUXIA today announced a non-exclusive partnership to develop and market a complete multimedia and TV software infrastructure for Linux-based entertainment devices. The two companies report that they have signed a Memorandum of Understanding and are currently working on a soon-to-be-announced entertainment device with an unnamed major consumer electronics manufacturer.

Ihor Petelycky, MGI Chief Product Strategist, said “Our partnership will provide manufacturers with a complete and cost effective entertainment software infrastructure including an optimized operating system, digital VCR, time shift TV, DVD playback, and Web browsing . . . , from operating system to applications.”

The strategic partnership will involve the exchange of technical know how, co-development, cross licensing, and joint marketing activities worldwide. Both companies also intend to review and identify other areas of cooperation and collaboration during the term of their agreement.

 
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