[opendtv] TV Works Acquires MetaTV; Company Will Continue to Develop Interactive Applications for Digital Cable
- From: Monty Solomon <monty@xxxxxxxxxx>
- To: opendtv@xxxxxxxxxxxxx
- Date: Wed, 13 Jul 2005 11:03:28 -0400
TV Works Acquires MetaTV; Company Will Continue to Develop
Interactive Applications for Digital Cable
- Jul 13, 2005 08:56 AM (PR Newswire)
PHILADELPHIA, and ATLANTA, July 13 /PRNewswire/ -- TV Works, a joint
venture of Comcast Corporation (Nasdaq: CMCSA, CMCSK) and Cox Communications
Inc., today announced that it has acquired the business and assets of MetaTV,
Inc., a software services company. Prior to the acquisition, Comcast and Cox
were investors in MetaTV. Additional details of the deal were not disclosed.
In connection with the acquisition, TV Works has hired all of MetaTV's
employees, who will continue to be based in Mill Valley, CA, where the company
will develop interactive applications, including those that can be integrated
into the GuideWorks interactive program guide platform and will be OCAP
compatible. GuideWorks, a joint venture between Comcast and Gemstar-TV Guide
International, is a leading developer of interactive television guidance and
navigation solutions for multichannel video providers.
...
- http://finance.lycos.com/home/news/story.asp?story=50445413
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