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Technology Stocks : nds: digital broadcaster (nnds)

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To: Shtirlitz who wrote (44)	3/6/2000 9:38:00 PM
From: Shtirlitz	of 47

Monday March 6, 8:52 pm Eastern Time Microsoft poised to link up with NDS - FT LONDON, March 7 (Reuters) - U.S. software giant Microsoft Corp (NasdaqNM:MSFT - news) is poised to to step up efforts to strengthen its position in digital TV by joining forces on Tuesday with News Digital Systems (NDS) (NasdaqNM:NNDS - news), the Financial Times reported. biz.yahoo.com It said NDS, an encryption systems and digital software maker, and Microsoft would announce a strategic alliance to develop operating software and applications for interactive television. The two companies would jointly market their products, the newspaper said. Under the terms of the agreement, NDS would effectively transfer its operating software for set-top box decoders to Microsoft, the Financial Times said. It said the new partership would immediately announce its first customer with an order from Globo Cabo Participacoes SA , a Brazilian cable-TV operator. Microsoft would not take a direct stake in NDS but was thought to be in negotiations with Rupert Murdoch's News Corp (Australia:NCP.AX - news). which is NDS's controlling shareholder with an 82 percent stake, the Financial Times said. It noted that by taking over NDS's operating system, Microsoft would gain control of software fitted in 1.5 million set-top boxes around the world.

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