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Monday, Aug 26
Intel bought 3 startups to bolster TV efforts; new offices opened
- GigaOm reports Intel (INTC -0.1%) made 3 undisclosed acquisitions to strengthen its Web TV service initiative.
- Avtrex, a developer of TV/DVR UI software, was acquired in March '12. It's now reportedly "working on some of the underlying platform for Intel Media’s own set-top box and related services."
- Archetype, a developer of UIs, for TV, PC, and mobile video apps, was acquired in May '12. Its co-founders now reportedly work for Intel, as do some other former employees.
- Daily Interactive Networks, an iOS app developer for third parties such as National Geogrphic, was bought in February. Its CEO, Brian Monnin, is now Intel Media's Head of Interactive Media.
- GigaOm's report comes as Intel Media opens offices in NYC and L.A., so as to bring it closer to potential content partners. Some of those potential partners are reportedly playing hardball, in part due to pressure from pay-TV providers unhappy with Intel's plans to become a competitor.
- Intel is still aiming for a year-end launch for the service, which might be called OnCue. Plans for a face-detection camera were recently shelved.