Briefs: Market warms to ANT’s Daewoo deal; EEDA’s new chief gets low down on Cambridge
ANT plc, the provider of software and services for the delivery of digital TV, said that Daewoo Electronics has signed a contract to license ANT Galio Browser for its new range of IPTV set-top boxes.
Daewoo Electronics, a world leader in the home electronics market, has a strong history of global set-top box deployments and will use ANT Galio to target the Russian markets.
The ANT Galio browser uses a dynamic software engine which provides advanced presentation and control for next generation TV applications. Ultimately, the browser also delivers much faster and responsive user experiences to consumers. As well as being integrated into Daewoo Electronics' new range of IP set-top boxes, the Korean company also plans to subsequently integrate ANT Galio into its hotel-TV line-up.
The share market liked the news, marking up it shares 8%.
* * * *
Deborah Cadman, the new Chief Executive of the East of England Development Agency (EEDA) met key business leaders in Cambridge recently.
The key issues discussed at the meeting included:
• The key projects needed to enable the Cambridge hi-tech cluster to compete on the world stage such as Addenbrooke's bio-medical campus, Hauser Forum pre-start-up facility at the University of Cambridge and a new Creative Industries hatchery
• Innovative ways of resolving the infrastructure deficit
• Co-ordinated lobbying of government
* * * *
Cambridge scientists have found the first genetic link to a common childhood brain tumour, according to research published in the journal Cancer Research.
The Cambridge researchers, funded by Cancer Research UK and the Samantha Dickson Brain Tumour Trust, have pinpointed a rearrangement of DNA that causes around two-thirds of all cases of pilocytic astrocytoma - the most common brain tumour in five to 19 year-olds.
Very little is known about the causes and genetics of childhood brain tumours. But this significant discovery could provide leads for creating better treatments and make diagnosis of the disease more accurate.
Lead author Professor Peter Collins, based at the University of Cambridge, said: "This is the first time a specific genetic link has been made to the majority of pilocytic astrocytomas.
"We found a specific rearrangement of DNA in around two-thirds of all cases of pilocytic astrocytoma. The resulting DNA sequence includes a portion of a gene called BRAF that is known to be mutated in a number of other cancers, and which we think may trigger this disease."
* * * *
Cambridge Broadband Networks Ltd, a specialist in carrier class wireless point-to-multipoint transmission equipment, said it has joined the Next Generation Mobile Network Alliance.
The NGMN Alliance is a group of world leading operators such as AT&T , China Mobile, Orange, T-Mobile and Vodafone , as well as technology vendors including Alcatel-Lucent, Cisco, Ericsson, Huawei and Nokia Siemens Networks.
The company said that the new partnership combines the knowledge of NGMN's partners with Cambridge Broadband Network's expertise in traffic optimisation and PMP microwave backhaul architecture, thereby furthering the group's capabilities to work effectively towards providing better next generation mobile broadband services.