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Short Take: GI buys stake in Telegate

General Instrument has invested $4 million in Telegate, giving GI a 19.5 percent equity stake in the company. GI and Telegate plan to develop technology to provide voice, data and video telephony service over existing Hybrid-Fiber Coax infrastructures.

General Instrument has invested $4 million in Telegate, giving GI a 19.5 percent equity stake in the company. GI and Telegate plan to develop technology to provide voice, data and video telephony service over existing Hybrid-Fiber Coax infrastructures.