10.10.2002 12:00 AM
OpenTV Completes Wink Acquisition, Appoints New COO
Interactive television company OpenTV bought competitor Wink Communications from Liberty Broadband Interactive Television (LBIT) for $101 million cash, representing the actual cost of LBIT's recent acquisition of Wink. Tim Travaille, executive vice president of finance and business development for Wink, was appointed interim COO.

OpenTV plans to use Wink's experience in interactive cable and satellite applications to expand its worldwide market presence. The combined company will have approximately 35 million households worldwide, with 60 cable and satellite operators in more than 50 countries.

Travaille, a former executive with AT&T Wireless, replaces Marty Leamy, who will step down as OpenTV's president and COO.

Post New Comment
If you are already a member, or would like to receive email alerts as new comments are
made, please login or register.

Enter the code shown above:

(Note: If you cannot read the numbers in the above
image, reload the page to generate a new one.)

No Comments Found

Friday 11:16 AM
Walden: 'The FCC Is Not Some Venture Capital Firm'
Rep. Anna Eshoo (D-Calif.) then stepped in and called for calm, noting to her colleagues “to say we’re welcoming the chairman and [then] we’re using him as a piñata” was wrong.

Featured Articles
Discover TV Technology