Ted- That was the sale of 19% of the company to Infomatec AG @ $4.58/sh
Infomatec AG, an Internet Software Company, Invests $8.0 Million in Boca Research
bocaresearch.com
Also it looks like AOL's Netscape is involved in the Browser for the Phillips box.
In 1997, the Company began a licensing agreement with Acorn Group, an international leader in network computing and Internet/TV appliance technology, to incorporate Acorn's technology into Boca Research-branded set-top and thin client products. In 1998, the Company began a licensing agreement with Network Computer, Inc. (NCI(TM)), a subsidiary of Oracle(R) Corporation and Netscape(R) Communications Corporation. Under the terms of this agreement, NCI's Internet access device software and technology will be used to enable a range of information appliance devices designed and manufactured by Boca Research. NCI's feature-rich, open Internet standards-based TV-Navigator(TM) will support the BocaVision ST2001 that Boca Research will ship in 1999. In addition, the Company has an alliance with Cyrix(R) Corporation, a subsidiary of National Semiconductor(R) Corporation. The BocaVision ST2001 set-top box features a high-speed Cyrix MediaGX processor that, together with NCI's software, has enabled Boca Research to develop a cost-effective, high-powered information appliance and simplified computing device.
sec.gov
Harvey |