The joint venture set up in partnership with the trading company Itochu and other concerns, will recycle plastic materials and develop technology and machinery for recycling.
The venture will develop multimedia computer systems, which can combine audio, video and data displays on one machine.
That venture would develop additional cable and satellite channels in Britain; the Discovery agreement is for developing channels outside Britain.
The venture, called Univel, will develop and market operating system software based on Unix for leading computer processors like those produced by the Intel Corporation.
By 1997 jams were becoming so long that several sets contained only four songs; their improvisational ventures were developing into a new funk-inspired jamming style.
"If the venture develops something that we use in agriculture, who owns the product?"
The venture has, in fact, developed some promising AIDS drugs, but they require more investment.
Oxford and Marconi, the telecommunications company, created a joint venture, Confirmant Ltd., to develop and market the database.
The joint venture has developed the ARJ21 regional jet.
The proposed venture would also develop an on-screen navigator, which would give customers easy access to the services.