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Technology Stocks : C-Cube -- Ignore unavailable to you. Want to Upgrade?


To: VidiVici who wrote (39442)3/25/1999 3:26:00 PM
From: DiViT  Read Replies (1) | Respond to of 50808
 
Here we go (Dow Jones)...
Let's see how this affects the stock...

C-Cube Microsystems Gets MediaOne Technology Pact >CUBE

03/25/99
Dow Jones News Service
(Copyright (c) 1999, Dow Jones & Company, Inc.)

MILPITAS, Calif. (Dow Jones)--MediaOne Group Inc. (UMG) selected C - Cube Microsystems Inc.'s (CUBE) digital video system-on-silicon technology to enable interactive communication using cable and set-top boxes.

Terms weren't disclosed.

MediaOne will install the cable.

Royal Philips Electronics NV (PHG) will build the set-top boxes.

In a press release Thursday, C - Cube Microsystems said its DiviCom Corp. unit will build cable head-end equipment that will link cable to the set-top boxes.

Set-top boxes are devices that deliver digital video to television sets.

C - Cube Microsystems develops digital video silicon systems.

MediaOne provides broadband servcies.

Royal Philips is an electronics company.

(END) DOW JONES NEWS 03-25-99

03:15 PM