Tech
Vis iTV bought by US venture capital group
Published Sunday, Jan 30 2005, 20:23 GMT | By James Welsh
Vis iTV, the joint venture between Telewest and Vis Entertainment, has been acquired by an American venture capital group.
The company was to have provided an interactive virtual horseracing channel, I-Race, on digital cable. Those plans never materialised, and the company was put into administration last month.
The group's new buyers, California-based Bellwether Group, have bought the virtual horseracing software and hired five of the company's staff. It plans to market the I-Race product to foreign markets including the US.
The company was to have provided an interactive virtual horseracing channel, I-Race, on digital cable. Those plans never materialised, and the company was put into administration last month.
The group's new buyers, California-based Bellwether Group, have bought the virtual horseracing software and hired five of the company's staff. It plans to market the I-Race product to foreign markets including the US.
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