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- Acacia wants to be paid!
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From: http://www.findarticles.com/p/articles/mi_kmbus/is_200310/ai_kepm278504
Sweet Licensing Deals For Acacia
BusinessWeek, October, 2003
ACACIA TECHNOLOGIES GROUP (ACTG) could be a big beneficiary of the popularity of video-on-demand (VOD) -- movies provided for a fee by hotels and on cable TV. So says Paul Sethi of Vertical Ventures Investments, who thinks the shares, which vaulted from 1.18 on Mar. 18 to 5.51 on Sept. 24, could double in a year. Acacia has signed 41 licensing pacts for its patented Digital Media Technology, which enables transmission of VOD. It has inked deals with LodgeNet, the leader in hotel VOD, and CinemaNow, the Internet biggie. It also has deals with several adult Web sites. But the big gains will come from cable-TV giants, such as Time Warner. CEO Paul Ryan says ... - Posted by: B.O.F.H. Posted on: 11/05/04 You are currently: a Guest | Members login | Terms of Use
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