TheStreet's Debra Borchardt suggested that the cold beverage system could be available to consumers in 2015. Coca-Cola paid $1.25 billion for a 10% stake in Green Mountain.
Shares of Coca-Cola are slightly higher on the news, up roughly 2%, while shares of Green Mountain are soaring 30%, although that's well off its after-hour highs.
While the pod system that Kuerig currently uses would not be able to carbonate the cold beverage, it is much easier to use than rival at-home soda maker SodaStream's (SODA), product, she said.
Speaking of SodaStream, shares initially fell 7% on the news. However, investors have turned optimistic that the company could strike a similar deal with a different large company. Shares are now up 7% in response.
Credit Suisse views the deal as a positive for Coca-Cola, since it fits the company's strategy of making minority investments in smaller companies, in order to leverage its distribution infrastructure, Borchardt concluded.
-- Written by Bret Kenwell in Petoskey, Mich.