Friday February 18, 5:36 am Eastern Time
PCCW to take 12 pct in U.S. Magically
HONG KONG, Feb 18 (Reuters) - Pacific Century CyberWorks Ltd (PCCW) said on
Friday it would take a 12 percent stake in U.S.-based application service provider
Magically Inc.
PCCW said in a statement Magically's virtual desktop product MagicalDesk.com would
be
available on PCCW's fully converged pan-Asian broadband digital video and Internet
service, Network of the World, to be launched later this year.
The statement did not give the value of the deal.
PCCW to take 12 pct in U.S. Magically
HONG KONG, Feb 18 (Reuters) - Pacific Century CyberWorks Ltd (PCCW) said on
Friday it would take a 12 percent stake in U.S.-based application service provider
Magically Inc.
PCCW said in a statement Magically's virtual desktop product MagicalDesk.com would
be
available on PCCW's fully converged pan-Asian broadband digital video and Internet
service, Network of the World, to be launched later this year.
The statement did not give the value of the deal.
