Advanced Television

China Digital TV invests in OpenV

February 2, 2010

China Digital TV, provider of conditional access systems to China’s television market, has made a joint investment in OpenV, a leading Chinese online video company, alongside one of OpenV's existing shareholders.

China Digital TV's investment will be up to $14.5 million through which China Digital TV's equity interest in OpenV would be approximately 25 per cent to 31 per cent, subject to certain performance adjustment mechanisms.

Categories: Articles, Business, M&A