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UPDATE 1-Hauppauge introduces new tuner devices, shares up
January 6, 2011 / 3:05 PM / 7 years ago

UPDATE 1-Hauppauge introduces new tuner devices, shares up

* Introduces “Broadway” TV streamer for Apple devices

* Launches WinTV-Aero-m for Windows-based devices

* Shares up 50 pct Jan 6 (Reuters) - Hauppauge Digital Inc HAUP.O, a maker of TV tuners for PCs, unveiled a slew of devices for streaming live television over laptops and Apple Inc’s (AAPL.O) iPad and iPhone, sending its shares up over 50 percent.

At the 2011 Consumer Electronics Show in Las Vegas, the company showcased a new TV streamer called Broadway for Apple devices that allows live TV to be watched at home through a WiFi connection, or anywhere in the world via Internet.

For Windows-based laptops and netbooks, Hauppauge Digital launched a mobile digital TV receiver, WinTV-Aero-m, which allows for viewing of over-the-air TV channels.

The Hauppauge, New York-based company competes with ATI Technologies Inc, a division of Advanced Micro Devices AMD.N, Sony Corp (6758.T), Toshiba Corp (6502.T), Cisco Systems (CSCO.O) and others for some of its products in the consumer electronics market.

Shares of the company were up $1.19 at $3.56 in heavy volume trade on Thursday morning on Nasdaq. The stock has gained a third of its value in the last six months. (Reporting by Supantha Mukherjee in Bangalore; Editing by Roshni Menon)

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