Thursday, June 14, 2007

UPDATE 1-I/O in JV for offshore reservoir monitoring system

(Reuters) - Shares of Input/Output touched a new year-high of $17.06
in
morning trade. They rose more than 6 percent to $16.84 in
afternoon trade on the New York Stock Exchange.




The seismic solutions provider said it will license
technology and contribute personnel to the JV formed along with
Reservoir Innovation AS and Hydro Technology Ventures, the
venture capital arm of a Norsk Hydro ASA subsidiary.


Read more at Reuters.com Mergers News

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