TELECOM Digest OnLine - Sorted: Cable Giants Buy Software Assets to Boost Interactive TV Offerings


Cable Giants Buy Software Assets to Boost Interactive TV Offerings


Monty Solomon (monty@roscom.com)
Sat, 15 Jan 2005 00:25:34 -0500

By Bruce Mohl, Globe Staff | January 11, 2005

Two of the nation's cable giants yesterday paid $82 million for
software technology that should boost their interactive TV offerings,
allowing customers to theoretically use their remotes to check sports
scores, vote on a town meeting initiative, or analyze their stock
portfolios.

Double C Technologies, a joint venture of Comcast Corp. and Cox
Communications, agreed to purchase the North American assets of
Liberate Technologies, a San Mateo, Calif.-based developer of software
that makes interactive TV applications possible.

http://www.boston.com/business/technology/articles/2005/01/11/cable_giants_buy_software_assets_to_boost_interactive_tv_offerings/

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