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Technology Stocks : IATV-ACTV Digital Convergence Software-HyperTV
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To: BN who wrote (12663)6/3/2001 4:58:57 PM
From: wlcnyc  Read Replies (1) of 13157
 
From last year's PR from OPTV:

"ACTV'S DIGITAL ADCO, INC. CLOSES ON INVESTMENT FROM OPENTV

ACTV, OpenTV and Motorola Establish Worldwide Venture for Interactive, Targeted Digital TV Advertising

NEW YORK and MOUNTAIN VIEW, CA -- September 6, 2000 -- ACTV, Inc. (Nasdaq: IATV) and OpenTV (Nasdaq and AEX: OPTV) today announced the completion of their previously announced agreement to join forces for the worldwide deployment of SpotOn™, a service of ACTV subsidiary Digital ADCO. The venture is expected to bring SpotOn's One to One Television Advertising™ capabilities to networks, advertisers and consumers worldwide. SpotOn is compatible with all of the leading digital interactive platforms and set-top terminals, including those currently deployed.

OpenTV has taken a minority stake in Digital ADCO and has joined with ACTV and Motorola Broadband Communications Sector (NYSE: MOT) to create a new subsidiary named Digital ADCO International. Under the agreement, the companies - all leaders in interactive digital television (iTV) - will port ACTV's software application onto OpenTV's operating system, which has an installed base of more than 9.3 million digital set-top terminals worldwide. In addition, OpenTV will provide support for TV commerce (t-commerce) fulfillment. Financial terms were not disclosed......"

opentv.com
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