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Technology Stocks : C-Cube
CUBE 36.60-0.1%12:04 PM EST

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To: Don Dorsey who wrote (33910)6/18/1998 11:41:00 AM
From: John Rieman  Read Replies (1) of 50808
 
Nimbus gets bought by one of the companies that owns BDB..............

iht.com

Paris, Thursday, June 18, 1998
Carlton to Buy Digital Disk Maker
LONDON - Carlton Communications PLC, the world's largest video manufacturer, agreed Wednesday to buy the compact and digital disk maker Nimbus CD International Inc. for about $264 million.
The acquisition will bolster Carlton's Technicolor unit as the leader in making and selling movie videotapes and the newer digital video disks for Hollywood studios. Nimbus, which also makes audio compact disks, CD-ROMs and DVD-ROMs, will expand Technicolor's position in North America and Europe.
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