On the heels of Microsoft Corp.'s April 6 deal to buy WebTV Networks for $425 million, rival NetChannel on Monday announced a letter of intent to buy upstart ViewCall America. The moves set up a race to dominate the fledgling Internet TV device and services market. NetChannel, which initially will focus on devices using Oracle Corp.'s Network Computer standard, has a global hardware deal with No. 1 U.S. TV maker Thomson Consumer Electronics. Thomson, marketer of the RCA and GE consumer electronics brands, plans to introduce its first TV Internet product June 17.
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Copyright April 1997, Crain Communications Inc.