SALT LAKE CITY-Internet Protocol technology provider CoConnect Inc. will part with more than $200,000 in stock to acquire filmmaker and digital entertainment consultant firm Atcom Media Group, the companies announced Thursday.
CoConnect, which provides VoIP and IPTV/video on demand, said it will develop Atcom’s wireless media and entertainment assets in an effort to identify content and technology acquisitions in wireless. Atcom principals Henri Kessler and Pliny Porter have won the Sundance Grand Jury Prize and Cannes Camera d’Or, and have developed and produced films including “Erin Brockovich” and “My Best Friend’s Wedding.”
“The United States wireless entertainment market is relatively young,” said Josh Eikov, CoConnect’s chief executive officer. “Current mobile technologies and content are at the same level as early computer games like Pong. If all of these factors are timed right, wireless entertainment may indeed prove to be the killer app.”
