OpenTV says software now deployed in 16 mln homes
MOUNTAIN VIEW, Calif., May 21 (Reuters) - Interactive television software maker OpenTV Corp. (Nasdaq:OPTV - news) on Monday said its software is now installed in 16 million digital set-top boxes worldwide, more than double the amount deployed a year earlier.
Much of the growth was due to its pacts with DirectTV Latin America, EchoStar and BSkyB.
In the quarter ended March 31, the company said its deployments rose 30 percent from 1.6 million in the first quarter.
The company has been trying to grow its share of the cable market and sell more sophisticated software to its existing customers. OpenTV's software enables electronic programming guides, e-mail and e-commerce via set-top boxes.
Separately, OpenTV also said in a statement that Philips Semiconductors, a unit of Philips Electronics , plans to use its software in its home entertainment Nexperia line of products -- a source of future deployment growth.
OpenTV shares closed up 3.6 percent, or 35 cents, at $10.10 before the news. |
