PALO ALTO: Canal Plus Technologies, the digital TV technology unit of Vivendi
Universal, announced on Monday that it had concluded an accord with Sun
Microsystems Inc to use Sun technology on interactive set-top boxes for digital
TV.
The accord includes Sun licensing its Personal Java software and platforms to
Canal Plus Technologies, in return for Sun' stake in Canal Plus Technologies,
the French firm said in a statement issued here in Palo Alto. However, a Canal
Plus Technologies spokeswoman declined to say how big a stake Sun is taking.
Canal Plus Technologies, which was last year slated for flotation, has
recently brought in other investors. Consumer electronics firms Thomson
Multimedia (TMM.PA) and Sony each took around three percent at the end of
November, and Spanish pay TV firm Sogecable took a further stake of some three
percent in January. Vivendi Universal holds the remainder. The plan to float the
TV technology unit separately remains, but no date has been set, the Canal Plus
Technologies spokeswoman said.
(C) Reuters Limited 2001.