WebTV Networks and Fujitsu plan to form a joint venture company to establish a TV-based Internet service in Japan, using the technology developed by WebTV Networks. Fujitsu will build a network operations center for and provide Internet access and various online content to the subscription-based WebTV Network service. WebTV Networks will own 65% of the WebTV/Fujitsu joint venture company and Fujitsu will own 35%. WebTV Networks and Fujitsu will form alliances with companies in various fields, including consumer electronics, Internet access and media and content to establish the new service.
Copyright December 1996, Crain Communications Inc.