Digeo CEO Mike Fidler tells Multichannel News that the company plans to offer its upcoming set-top-box to cable companies for 1/3rd the price of current boxes.

The high definition PVR will be released during the fourth quarter of 2007 and will feature a 160GB hard drive and an eSATA port for additional storage.

While Digeo's Moxi user interface has won awards, only about 400,000 cable subscribers currently use boxes with Moxi. Fidler says the goal of selling the new boxes at reduced pricing is to remain competitive with offerings from Motorola, Scientific Atlanta, and TiVo.