Consortium invests DKK 17 million in On Air  

2002.02.13

A consortium of investors including Vækstfonden, A/S Dansk Erhvervsinvestering, Erhvervsinvest Nord A/S and HC Projects has put DKK 17 million into On-Air, to enable the Aalborg-based IT company to continue development of its video streaming technology. The consortium believes there are opportunities in real-time live video to handheld terminals via local GSM/GPRS, network or Bluetooth. On-Air’s technology is platform independent and the company sees particular opportunities for its use in the surveillance industry. In Denmark On-Air has a cooperation with Zitech Computer which distributes and sells products using the company’s software.

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