Apple/DUTV - the more I look at it the more it makes sense.
1) Apple wants to get into the tv business but just not the hardware. They want to leapfrog existing technology in the transmission phase. They want to do to the TV what cell phones did to landlines.
2) They are in acqusition mode. Not necessarily to buy hardware/products but to buy technology.
3) DUTV appears to have technology of interest.
So, what about a target price - anyones guess. But definately multiples higher than the current price.