motorola Buys into OpenTV
By BroadCasting & Cable Staff -- Broadcasting & Cable, 9/24/2000 8:00:00 PM
Motorola has increased its investment in OpenTV with the purchase of 1.887 million OpenTV shares held by News America, an affiliate of News Corp. Motorola will own 5.4% of OpenTV's ordinary shares on a fully diluted basis. More important, the two companies will expand their relationship, including the offering of Motorola digital set-tops with OpenTV middleware.
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