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NetChannel to buy ViewCall

Published on .

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.

For more on this story, see the full article in INTERACTIVE.

Copyright April 1997, Crain Communications Inc.

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