ASX-listed IoT company Xped (ASX: XPE) – a developer of technology for the control of devices in the smart home – has signed a MoU with Taiwanese home gateway manufacturer Arcadyan Technology Corporation under which Arcadyan would incorporate Xped’s technology into its devices.
According to Xped Arcadyan is one of the world’s largest suppliers of gateway devices with a full line of broadband access and digital home products that includes DSL CPEs, 802.11a/b/g/n gateways, Wi-Fi modules, FTTx and mobile broadband products, IP set-top box and power line communications products. Its annual sales are in excess of $A1.0b.
Xped’s Auto Discovery Remote Control (ADRC) technology is designed to be incorporated into a wide range of equipment to enable that equipment to be monitored and controlled via the Xped smartphone app. When a binding agreement is reached, Xped will license their technologies to Arcadyan for use in its smart gateways and devices.
The MoU provides for Arcadyan to use Arcadyan-branded versions of the Xped App customised for a range of smart home systems: smart gateways, smart microphone/speaker for natural language processing, smart home devices, and smart health devices. It also provides for Xped to develop white labelled apps for the Arcadyan OEM customer base.
Arcadyan will have a non-exclusive global license to use Xped technologies in its IRX200/GRX350 platform with Bluetooth/Zigbee IoT gateway devices and products.
Xped says it and Arcadyan will work together to progress business development opportunities including dual marketing at trade shows and other events and client visits. “Arcadyan provides Xped with access to their existing customer base which includes very large telecommunication companies and retail channels,” Xped said. Collaborative business development and customer introductions are expected to commence in Q1 2017 and Xped said it hoped to reach a binding agreement with Arcadyan in Q2 2017.
