Corel to Buy InterVideo for $196M US

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Ottawa based software maker Corel Corp. said Monday that it has signed a deal to buy Fremont, California based InterVideo, which produces digital video and audio software, for $13 US per share or $196 million...

Bush eyes $196M for rural Internet

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President Bush wants to spend $196 million of the Agriculture Department's 2004 budget on loans to telecommunications companies to improve Internet access in rural towns and communities, Agriculture Secretary Ann Veneman said Wednesday. ...

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