Liberate Technologies

OpenTV Settles Patent Suit Against Liberate; Gets $1.5 Million

Authored by Mark Hefflinger on November 9, 2007 - 8:13am.

San Francisco - OpenTV (NASD: OPTV), a provider of interactive TV software and services, announced on Friday that it has settled its lawsuit against former competitor Liberate Technologies, with Liberate admitting that it infringed two OpenTV patents.

SeaChange Acquires Overseas Assets of Liberate Technologies

Authored by Mark Hefflinger on July 14, 2005 - 9:55am.

San Mateo, Calif. -- SeaChange International, a Massachusetts-based provider of digital video systems, said that it has acquired San Mateo, Calif.-based San Liberate Technologies' interactive TV software business assets outside of North America for about $23.5 million. Liberate supplies software to some of the world's largest network operators, including ntl, Telewest and UGC in Europe. Under terms of the acquisition, SeaChange has been assigned certain customer contracts, as well as receiving patents and other intellectual property. The company said that it also will continue operations at Liberate's former facilities in San Mateo and London, England, and is continuing employment for about 20 Liberate employees.

SeaChange Buys Liberate's Overseas Interactive TV Assets for $25.5 Million

Authored by Mark Hefflinger on April 18, 2005 - 8:58am.

Maynard, Mass. -- SeaChange International, a provider of video-on-demand and other digital video systems to broadcasters, announced on Monday that it hat acquired the assets of interactive TV software firm Liberate Technologies outside of North America. Massachusetts-based SeaChange will exchange $25.5 million in cash for certain patents, and contracts with TV providers including ntl, Telewest and UGC in Europe. San Mateo, Calif.-based Liberate's North American assets were purchased earlier this month by a joint venture of cable operators Comcast and Cox, for $82 million. Liberate's middleware software for set-top boxes enables cable operators to run multiple services -- including high-definition television, video-on-demand and personal video recorders -- on multiple platforms.

Interactive TV Firm Liberate Technologies Files for Bankruptcy

Authored by Mark Hefflinger on May 3, 2004 - 3:28am.

San Mateo, Calif. -- Liberate Technologies, a provider of interactive TV software and services, announced on Friday that it has filed for Ch. 11 bankruptcy, in order to "resolve certain outstanding liabilities, reduce costs and strengthen its financial position," the company said. Liberate, which makes software used in advanced cable TV set-top boxes, reported $222.3 million in cash and short-term investments and $21.7 million in liabilities. The company has recently suffered an SEC probe into its accounting practices and management turnover, but said it expects to emerge from bankruptcy within 4-6 months.

tags: TV | Interactive | Liberate Technologies | Bankruptcy |