Digital Media is the hot sector du jour in Ontario, and for good reason. It is one of those rising sectors that are the great hope to support economic growth in an age of de-industrialization. In case you hadn’t heard, there’s a bit of a government-led gold rush going on.

LaCie announces the groundbreaking Ethernet Disk mini – Home Edition, a 500-gigabyte (500GB) personal media server designed to Save, Show, Sync and Share your personal digital media at home and on the road.

Just one year after introducing the Cisco Digital Media System (DMS) as a new emerging technology, Cisco has signed its 200th customer for the integrated digital signage and desktop video system and introduced version 4.1, which provides new features that provide even greater flexibility for end users and content managers.

Intel Corporation today announced it has signed a definitive agreement to acquire Havok Inc., the leading provider of interactive software and services used by digital media creators in the game and movie industries. Havok will become a wholly owned subsidiary of Intel.

Texas Instruments Incorporated (TI) (NYSE: TXN) introduced today a family of flexible three-channel integrated video buffers optimized for consumer video applications where performance, space savings and lower system cost are required. The family supports HDTV, SDTV and a variety of digital media processors, such as TI's DaVinciTM processors.

Today at IBC2007, Microsoft Corp. announced a new early adopter customer and an expanded partner ecosystem for Microsoft® Interactive Media Manager (IMM). Italian broadcaster RAI has joined the Technology Adoption Program for IMM, which will enable RAI to manage the media workflow process as it digitizes assets for viewing over the Web through a variety of screens and devices.

This week at IBC2007, Microsoft Corp. is announcing new customers, partners and programs that further underscore the value Microsoft provides to organizations in the media and entertainment industry. Through its broad range of solutions, Microsoft enables media and entertainment companies to create and manage nearly endless varieties of media and deliver stunning entertainment experiences to their customers.

A new IBM online survey of consumer digital media and entertainment habits shows audiences are more in control than ever and increasingly savvy about filtering marketing messages.

Microsoft Silverlight enhancements unveiled including support for .NET managed code and dynamic languages; provides developers and designers with a comprehensive solution for building and delivering Web, PC and device applications

U.S. Industry Standard Digital Media Distribution System Takes Next Step to Becoming Global Standard

Nokia and Orb Networks today announced Orb MyCasting is available for use on the Nokia N800 Internet Tablet. Orb MyCasting allows consumers to access digital media stored on their home computer directly from their mobile multimedia computer.

DivX, Inc. announced today the panel of judges for the DivX Film Festival, an online video festival devoted to creativity, storytelling and improving digital media. Hosted on DivX Stage6, the festival offers filmmakers the chance to win prizes plus gain exposure to key entertainment industry figures and access to an international audience.