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Short Take: Wink stakes MediaServe

Wink Communications has invested in MediaServe, a provider of e-commerce and services for interactive TV platforms. MediaServe, a Japanese-based firm, also has plans to provide digital data broadcasting. Wink will be the third-largest investor, among Mitsui, Toshiba, NT&T, Matsushita, Dentsu and Sony. Financial terms of the deal were not disclosed.

    Wink Communications has invested in MediaServe, a provider of e-commerce and services for interactive TV platforms. MediaServe, a Japanese-based firm, also has plans to provide digital data broadcasting. Wink will be the third-largest investor, among Mitsui, Toshiba, NT&T, Matsushita, Dentsu and Sony. Financial terms of the deal were not disclosed.