Modular PC developer Xi3 announced today that it had received an investment from Valve Software to work together to develop a "development stage product" based on Linux and Steam’s Big Picture mode.
We’ve heard of the Steam Box as early as March 2012 and it was confirmed by Gabe Newel less than a month ago, but this is the first concrete details.
"This new development stage product will allow users to take full advantage of their large high-definition TV displays for an amazing computer game experience," said Xi3 founder Jason A. Sullivan.
"As a result, this new system could provide access to thousands of gaming titles through an integrated system that exceeds the capabilities of leading game consoles, but can fit in the palm of your hand."
The device is codenamed "Piston," and its prototype will be on display on the show floor at CES this week.