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Thursday, August 03, 2006

Through TheFLY's Eyes: Google Inc.


Google Adds OpenTV Executive

The CTO of OpenTV (OPTV), Vincent Dureau, who developed many of the company's key patents, has left the company to take a senior engineering role at Google (GOOG).

Kaufman Brothers believes the hiring of Dureau is a positive for both Google and OpenTV, as "it is no secret that Google is trying to figure out how to build an Internet video distribution network" and this could lead to a relationship between Google and OpenTV in the future.

Kaufman reiterated its Buy rating on OpenTV and does not have a rating on Google.


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