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Re: cksla post# 14465

Tuesday, 08/20/2002 5:21:17 PM

Tuesday, August 20, 2002 5:21:17 PM

Post# of 93827
Wink Communications, a developer of interactive TV
advertising software, announced on Tuesday that its shareholders have
approved its previously announced acquisition by Liberty Broadband
Interactive Television (LBIT) for about $100 million in cash. "I am
pleased that the shareholders have approved the merger," said Wink CEO
Maggie Wilderotter. "The complementary strengths of LBIT assets will
provide a unique opportunity to accelerate the ITV business domestically
and globally." LBIT is a division of Liberty Media, which of late has also
acquired interactive TV software provider OpenTV for $185 million, as well
as the stake it didn't already own in interactive ad software firm ACTV.
Alameda, Calif.-based Wink's technology allows owners of Wink-enabled
set-top boxes to interact with ads and other TV content using their
television's remote control.


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