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AWI seeks to aquire NetBroadcast.com
Written by Awportals.com
Active Worlds, Inc has announced that it has signed a letter to acquire the streaming media provider NetBroadcaster.com in an effort to increase its shareholder value.
[quote=JP McCormic]We are very excited with this step in our plan to maximize shareholder value by monetizing our technology assets through acquisition and strategic alliances[/quote]
Active Worlds, Inc intended to use the business partners of NetBroadcaster to gain additional strategic partnerships. [quote=Rick Noll]We believe that NetBroadcaster's proven marketing strategies and state-of-the-art broadcast network will lead to immediate revenue-generating opportunities for Activeworlds, by increasing our subscription base and introducing the Activeworlds' technologies to the entertainment industry[/quote] Source: http://www.activeworlds.com/newsletter/0202/020201.html Linking to this Article
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