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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies
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To: jopawa who wrote (108807)11/10/1999 2:58:00 PM
From: songw  Read Replies (3) of 119973
 
CNET: LOGIY Teams With Intel,Kodak: Forms New Digital Video Venture With CMGI

LOGIY trading 19s

CNET is reporting that Logitech LOGIY has formed an alliance with heavyweights Intel and Kodak  to create a design guide to improve the interaction between PC cameras and software applications for the devices-

"Intel will be working with Logitech, as well as with Kodak and software developers like Reality Fusion, Sabbatical, and Vivid Group to identify and agree upon specifications for these applications and the PC cameras which are used with them, Intel said. The first draft of the design guide will be available early next year." news.cnet.com

In addition LOGIY quietly announced yesterday it is teaming with CMGI to create a new company with a focus on online Digital vVideo -
" Logitech (Nasdaq:LOGIY - news; Switzerland:LOGN, LOGZ), international market leader in human interface devices that define the way people link to information in business, at home and online, today announced the formation of a new company that will enhance video communications using the Internet infrastructure. Venture capital firms @Ventures, an affiliate of CMGI, Inc. (Nasdaq:CMGI - news), and Atlas Venture have joined in funding the new entity. "

LOGIY, trading 19s, is a leading provider of computer peripherals including PC cameras. biz.yahoo.com
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