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Short Take: OpenTV gets commerce partner

OpenTV, a provider of software for interactive television, said it is partnering with Commerce.TV to integrate OpenTV's software with Commerce.TV's transaction processing network. OpenTV said the alliance will give cable and satellite operators the ability to do live, two-way transactions over TV set-tops. The 10-year agreement will potentially include an investment from OpenTV in Commerce.TV's upcoming financing round.

OpenTV, a provider of software for interactive television, said it is partnering with Commerce.TV to integrate OpenTV's software with Commerce.TV's transaction processing network. OpenTV said the alliance will give cable and satellite operators the ability to do live, two-way transactions over TV set-tops. The 10-year agreement will potentially include an investment from OpenTV in Commerce.TV's upcoming financing round.