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Gold/Mining/Energy : MGI Software (MGI on the TSE)
MGI 10.990.0%Jun 1 5:00 PM EST
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To: Marc who wrote (382)7/7/1999 12:56:00 AM
From: Marc  Read Replies (1) of 553
 
A little quote from Jon Peddie Associates

..."And while we were distracted by the goings on between Taiwan and
Texas, little MGI in Toronto was busy becoming big MGI. The company
has a healthy hold on the consumer image processing market, but
they've been putting deals together to put themselves deeper into the
system. A while back they introduced Pure Diva, digital video editing
software that can give a computer digital video recording features similar
to that of a Replay or a Tivo. The company is building on that initiative.
This week they did a deal for Zoran's CompCore group. They make
software MPEG decoding software that's used by computer
manufacturers as a low cost engine for DVD. So not only is MGI heir to
that business but it has big plans for its video and photo imaging software
as well. They're not stopping at video decoding, that's for sure. In fact, if
there were any doubt, the company is also picking up Live Picture in a
deal that gets the panoramic software out of bankruptcy court. MGI is
interested in Live Picture as a technology company. They have the best
technology anywhere for handling large images and MGI is also excited
about the company's Japanese division that can get them into
photography kiosks."

jpa.com
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