View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
July 8, 1997updated 05 Sep 2016 12:49pm


By CBR Staff Writer

Acacia Research Corp has upped its stake in Soundview Technologies Inc making it the majority owner with a 51.4% stake. Acacia has increased its original 16.4% stake purchased last March, in light of the imminent introduction of television rating systems in the US. Acacia, a seven person operation based in Pasadena, California, paid $4.2m for its additional 35% stake in Soundview’s outstanding stock, which consisted of 400,000 shares in Acacia common stock, $500,000 in cash and a $900,000 note. Soundview owns technology relating to the V-chip television device that enables viewers to block programs they believe to be inappropriate. The US is currently in the process of deciding on a television rating system, although there is some dispute as to whether it should be, as suggested by the entertainment industry, an age rated system, similar to film classifications, or a content based system that says whether the program contains bad language, violence or nudity. At the beginning of the year, Soundview demonstrated its V-Chip Converter censor, an external plug-in set-top-box device that responds to V-chip signals (CI No 3,082). Acacia says it will be available for use with some 200m television sets in the US that will otherwise be deaf to the V- chip signal, before new televisions are equipped with the technology. Acacia Research’s president and chief operating officer, Paul Ryan says, as far as he is aware there isn’t a similar product around, and he also believes it will be some seven or eight years before half of the televisions in the US contain V-chip technology. Acacia says the product will cost around $60.

Content from our partners
Rethinking cloud: challenging assumptions, learning lessons
DTX Manchester welcomes leading tech talent from across the region and beyond
The hidden complexities of deploying AI in your business

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.