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To: GRANOLA who wrote (2262)7/14/1999 12:00:00 PM
From: Stoctrash  Respond to of 6531
 
TERN taking Imedia....
..more fuel to the STB war..

Terayon Announces Acquisition of Imedia Corporation
Acquisition Adds Video Expertise to Terayon's Broadband Access Portfolio
SANTA CLARA, Calif.--(BUSINESS WIRE)--July 13, 1999--Terayon Communication Systems, Inc. (Nasdaq:TERN - news) today announced a definitive agreement to acquire Imedia Corporation.

Terayon, a leading supplier of broadband cable modem systems, plans to acquire Imedia, a privately held company that produces routing and re-multiplexing systems for digital video. Imedia's innovative, patented products enable cable operators to select and customize their program lineup for viewer preferences, while maximizing video capacity and quality over standards-based set-top boxes. The acquisition will expedite Terayon's ability to offer a complete broadband system portfolio to support high-speed delivery of data, voice and video over cable.