IATV-ACTV Digital Convergence Software-HyperTV Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : IATV-ACTV Digital Convergence Software-HyperTV

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Steve Hausser who wrote (8175)	12/3/1999 8:35:00 AM
From: art slott	of 13157

HORSHAM, Pa. (Dow Jones)--General Instrument Corp. (GIC, news, msgs) invested $5 million in ACTV Inc.'s (IATV, news, msgs) Digital ADCO Inc. unit for a 49% stake. In a press release Friday, the companies said ACTV will manage the unit and hold the remaining stock. Digital ADCO will use General Instrument's digital interactive platform and ACTV's television and advertising software to provide advertising through digital television. The unit plans to implement the service in the second half of 2000 and to generate revenue from the sale of equipment, software licensing, technical support, system upgrades and encoding services. Digital ADCO is in discussions with SeaChange International Inc. (SEAC, news, msgs) and SkyConnect's nCube to enable cable operators to deliver interactive television advertisements locally. -Alan Paris; Dow Jones Newswires; 201-938-5400

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next