To: J Fieb who wrote (30448 ) 3/7/1998 12:14:00 AM From: Manuel Vizcaya Read Replies (1) | Respond to
From the May 28th 1996 CUBE press release announcing Divi acquisition.DiviCom was founded in April 1993 and has grown its revenues from $319,000 in 1994 to $34.1 million in 1995. This growth resulted from the deployment of digital video networks by its global customer base. The Company's customers include Bell Atlantic, EchoStar and Thomson Consumer Electronics, which in January 1996 selected DiviCom to provide the head-end equipment used in TeleTV's digital MMDS home video delivery system for Bell Atlantic, Pacific Telesis, and NYNEX. "Such networks are the first of many digital video networks that are being deployed. A half-dozen network architectures - including digital satellite, wireless cable, digital cable, switched digital and ADSL - are vying to deliver digital video into the home," said Alex Balkanski, president and CEO of C-Cube Microsystems. "Ensuring network interoperability and reducing settop cost is the key to widespread consumer adoption. will allow us to support customers with end-to-end digital video networking solutions as well as secure the system and networking expertise needed for C-Cube to design the best encoding and decoding components for leading electronics companies," continued Balkanski. "We will thereby accelerate our strategic goal of bringing digital video into every home, worldwide."
