Interactive TV software provider OpenTV raises its range to $18 to $20.

OpenTV, the leading worldwide provider of software for interactive television, boosted its offering range to $18 to $20 from $14 to $16 and upped the number of shares offered to 7.5 million from 7 million. This boosts OpenTV's proposed market capitalization to nearly $1 billion. Open TV has an installed base of 4.5 million digital set-top boxes and has a leading presence in Europe.