Singapore Hot Stocks-Artivision soars on Intel tie-up

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SINGAPORE | Sun Feb 5, 2012 8:08pm EST

SINGAPORE Feb 6 (Reuters) - Shares of Artivision Technologies Ltd, a Singapore firm specialising in online video advertising, surged as much as 9.1 percent after it said its technology may be incorporated into a software kit being developed by Intel Corp.

By 0102 GMT, Artivision shares were up 6.1 percent at S$0.35.

Under a memorandum of understanding, Artivision unit ArtiMedia Pte Ltd said it will incorporate its front-end in-video advertising platform and back-end advertisement serving technology into an Intel software development kit that uses the U.S. semiconductor giant's "Wi-Fi Direct" technology. (Reporting by Eveline Danubrata; Editing by Anshuman Daga)

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