NDS acquires some assets of itv company IDP

NDS acquires some assets of itv company IDP

NDS

LONDON: News Corporation's NDS Group which provides technology solutions for digital pay-TV has announced that it has acquired certain assets of the French interactive TV technology company Interactif Delta Production SA (IDP). IDP was recently put into administrative receivership by the Tribunal de Commerce of Paris.

An official release informs that NDS has acquired, for a consideration of 200,000, all of IDP's intellectual property assets including the RegieLine interactive application authoring tool and the patents protecting this technology as well as certain tangible assets and customer contracts.

A research and development centre will be retained in Paris that will employ nine former employees of IDP and will provide ongoing services to the existing customers of IDP both in France and abroad.