We have relaunched: What's new at ZDNet Asia?

Liberate lands another deal as shares soar

Summary

Events

Microsoft MSDN/Developer Event
25 Mar 2010

One Marina Boulevard, Microsoft Singapore

IT Architect Regional Conference Singapore 2010
20 - 21 Apr 2010

Singapore Management University, Singapore

The Internet Show 2010
21-22 Apr 2010

Suntec Singapore

Liberate Technologies, a provider of software for interactive television, continued on its upward trajectory today as the company announced a new deal to supply software to Star TV in Asia.

Since Liberate's first day of trading in August, the stock has shot up more than 700 percent. Shares were up 10.83 percent in midday trading today to 167.63.

Liberate is the renamed former NCI subsidiary of Oracle. Oddly enough, Oracle chief executive Larry Ellison has decided to revive the NCI name as well as the original vision for the company. Speaking at the Oracle OpenWorld trade show in Los Angeles Tuesday, Ellison introduced the Network Computer Version 2, a sequel to Network Computing Incorporated's original.

Ellison promised that a new chief executive and management team will be announced soon, along with several companies that will manufacture the NC2 for the new company.

Liberate, which also announced a deal to supply Cable & Wireless in the United Kingdomlast week, said that Star TV has started using its software in technical trials and will begin offering interactive television services in the first quarter of 2000. Star TV is a subsidiary of Rupert Murdoch's News Corporation and is one of the largest TV service providers in Asia. It has 300,000 subscribers in Hong Kong alone, where the trials are taking place.

Liberate's software is used to provide email, Web browsing and e-commerce through a TV set-top receiver. The company has modified the software for use in Asian markets, displaying information in the local language.

Liberate's chief executive Mitchell Kertzman said in an interview that the deal is another strong validation of the company's technology, especially because News Corp's BSkyB satellite service was using technology from another competitor, OpenTV. OpenTV is one of the top interactive TV service providers, counting nearly over 3.5 million subscribers that are using its software.

Talkback

Add your opinion

In order to post a comment, you need to be registered. (Sign In or register below)

Post your comment
Transform your business interactions with real-time voice, video and telepresence solutions.
Tech Vendor: Cisco

ZDNet Asia Live

Found this great little deal calculator http://www.zdnetasia.com/downloa...

4 hours 44 minutes ago by winstoncranford on topsy

RT @mistertechblog: I wrote about Nexus One and Touchdown, desktop dock, Bluetooth/USB tethering, ebooks here: http://bit.ly/bRdzx0

10 hours 56 minutes ago by yklee13 on topsy

Read my blog post on getting the most from your Nexus One: http://www.zdnetasia.com/blogs/m...

Data Centre Operator (Fresh Graduates Welcome to Apply) in ... http://bit.ly/bagYuu

11 hours 26 minutes ago by intmasterfeed on topsy

#Cisco #Cloud Cloud on ZDNet Asia: Aussie university joins Cisco cloud ยท Early-adopter criminals embrace cloud... http://bit.ly/d93C8S #TCN

12 hours 29 minutes ago by thetechgang on topsy

www.3w.com.au has seen it's outsourced IT Contracting Business in Manila grow at 4 times the rate of its traditional Australian Based...

19 hours 7 minutes ago by brucemills on Companies' outsourcing spend to increase

RT @3wconsulting: Whitepaper from http://3W.com.au "Outsourcing Your IT Requirements to Philippines" now on @zdnetaustralia & @zdnetasia http://ow.ly/1oY9f

Whitepaper from http://3W.com.au "Outsourcing Your IT Requirements to Philippines" now on @zdnetaustralia & @zdnetasia http://ow.ly/1oYbA

Whitepaper from http://3W.com.au "Outsourcing Your IT Requirements to Philippines" now on @zdnetaustralia & @zdnetasia http://ow.ly/1oYbz

Zdnetasia.com Estimated Worth $178,365 USD. Daily Ad Revenue:$244 USD, Daily Views:81,445 Pages... - http://www.haplog.com/www.zdneta...

When I create an event, I click on an approximate time during the day when I want the event to occur, then I click "edit event detail...

1 day 36 minutes ago by bessellbrowne on Google Calendar gets 'smart' rescheduling

ipads break alott i had one it broke three times in the month i had it so i got rid of the damn thing id just go for the laptop Top Grade...

1 day 38 minutes ago by bessellbrowne on Report: 'Hundreds of thousands' of iPad preorders

There are a number of websites that still require Internet Explorer to view and IE for Mac Stinks (it is really ies4osx which is the Wind...

1 day 39 minutes ago by bessellbrowne on Microsoft: Only minor tweaks in Windows 7 SP1

The receivers don't transmit back to the satellite. Unless there is a phone line attached to the receiver, they don't have any wa...

1 day 42 minutes ago by bessellbrowne on Apple to join the geolocation craze?

"Lead Cognos BI Developer Insurance - Jobs - ZDNet Asia" http://bit.ly/bRcxOG

1 day 37 minutes ago by rhrcognos on topsy

whatever little understanding I have we 'll only progress toward end of the world if we use HPCs to lenthen life of human being. Huma...

2 days 48 minutes ago by abhi32002@gmail.com on High computing promises elixir of life

Thanks for the knowledgeable article on SDDs. Allas...when all this reasearch will happen in Indian Universities. Hope the new bill on Fo...

2 days 1 minute ago by abhi32002@gmail.com on APAC HPC users eye solid-state drives

It was a good article. This brings a good opportunity for Indian IT firms to come up with new solutions in this field. HPC can become a b...

2 days 20 minutes ago by abhi32002@gmail.com on High computing most-wanted job in Asia

COL KR DHARMADHIKARY(RETD) its very late to reply the link, but if it is still alive and looking for opportunity, i would like to know th...

2 days 17 minutes ago by deb021280 on Education takes off in rural India, helped by PCs

It was just a matter of time until google was marginalised anyway. I'm afraid this will be forgotten in China very quickly. Still, it...

2 days 22 minutes ago by robinsmith on Report: Google to leave China on April 10

High performance computing (HPC) most-wanted job in Asia http://bit.ly/9vFC3i (via @zdnetasia) #singapore

He doesn't care if her shoes are of glass, All he wants to see is a huge rack and nice a*s. Sleeping beauty's not awoken by true ...

2 days 51 minutes ago by warlowdavies on One pair of 3D glasses to rule them all

RT @zdnetasia: EMC COO, Pat Gelsinger, on bridging gaps in the organization and its cloud ambitions in Asia. (cont) http://tl.gd/i5jjd

EMC COO, Pat Gelsinger, on bridging gaps in the organization and its cloud ambitions in Asia. http://bit.ly/9etOZW

Asian SMBs need to pay more attention to disaster recovery planning http://bit.ly/bDet08 via @zdnetasia

Asian SMBs need to pay more attention to disaster recovery planning http://bit.ly/bDet08

[TECH] URL Shorteners slow Web redirection. - http://bit.ly/bySnWK @zdnetasia

URL shorteners are great but they can slow web redirection & you pray it would never go down http://bit.ly/bySnWK via @zdnetasia

URL shorteners slow Web redirection. http://bit.ly/bySnWK

Chinese agencies cry foul over Google. http://bit.ly/by6rwV

all of sg's isps have been practising compulsory invisible proxy for all home subscribers at their backend since many years back alre...

3 days 1 minute ago by melvinchia on Web filters mean bad news for business

it is not to good for china.
Proactol

3 days 46 minutes ago by nathonastle on Chinese ad partners beg Google for information

Very good explanation of JMX

4 days 51 minutes ago by Babith B on Managing applications with JMX

The reaction to a report issued Tuesday by Flurry Analytics managed to completely overlook some interesting news--the Android-based Motorola Droid outsold the original iPhone over the same period of time following their respective launches--to focus instead on the sales numbers for the Nexus One.

4 days 55 minutes ago by lonemavericks on diggs

Another ZTE story....

4 days 56 minutes ago by Moderate Your Greed on Philippines opens bid for final 3G license