Interoperable Technologies, founded in 2003, is a limited-liability company working to create a "dual-mode" satellite radio receiver that is capable of accessing both XM Satellite Radio and Sirius Satellite Radio, services operating in North America. It is a subsidiary of Sirius XM Radio, the holding company for both services, and is based in Deerfield Beach, Florida. As reported by Orbitcast in June 2006, a prototype was developed in 2005, and was expected to come to market later in 2006. The chipset would be used in all new receivers, so that consumers could subscribe to either one or both... services, which were previously separate companies. Users could then listen to both just as they listen to both AM and FM, and would not have to change receivers when changing services. The total number of channels available on the two services together is about 300. It was speculated at the time that this could be a precursor to a merger of the two companies. This later proved to be true when they announced just such a plan in February 2007.
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