Four-way agreement means new technology for computer games and video editing will be developed in Scotland.

0 Comments | M2 Presswire, July, 2003

M2 PRESSWIRE-1 July 2003-BT: Four-way agreement means new technology for computer games and video editing will be developed in Scotland(C)1994-2003 M2 COMMUNICATIONS LTD RDATE:07012003 BT's research, technology and IT operations business, BT Exact, and Barra Equity Partners, an Edinburgh based business which invests in and builds early stage technology companies, have reached an agreement with Scottish Enterprise that secures funding of GBP249,000 from Scotland's main economic development agency.

The funding will be used to develop BT's patented content-handling technology, already used in video editing, into tools that will enable the production of next-generation computer games. BT Exact and Barra will work with Simian Industries, a leading Scottish...