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Technology Stocks : IATV-ACTV Digital Convergence Software-HyperTV

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To: mike.com who started this subject8/21/2001 8:32:45 PM
From: art slott  Read Replies (1) of 13157
 
IBM Targets Interactive TV

SANTA MONICA, CA (Aug. 21) ... IBM announced today that it will join with OpenTV to make chips for new Interactive TV set-tops. This is more evidence that the PC-based industry is targeting the television.

Microsoft, of course, has been developing TV-centric services for years, including WebTV. However, IBM's entry into the Interactive TV business sends a loud message that it believes the TV could eclipse the PC as the number one source of communication in the home.

"By combining (our) hardware with OpenTV's software, we're giving customers additional performance and programmability for emerging applications," IBM said in a statement.

In other words, we don't want to be left behind by "emerging applications."

I predict that IBM's announcement will spur other PC-based companies to explore Interactive TV services. Intel and Oracle have already devoted considerable resources to Interactive TV, but you can bet that others will now follow suit.
-- Phillip Swann
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