Monday, May 25, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Daimler and Qualcomm To Collborate On Connected Car Technologies
Microsoft, Salesforce Talks Stall On Pricing: report
Apple Posts Photo Of New iPhone
New ASRock Rack Motherboard Has 24 DDR4 Slots
BlackBerry Cuts Jobs Worldwide
Upcoming Video Cards Form AMD and Nvidia Appear Online
YouTube's Music Key Service Pushed Back For September 2015
Factory Resetting Your Android Phone Does Not Delete Everything
Active Discussions
Copy a protected DVD?
roxio issues with xp pro
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > Ericsso...
Last 7 Days News : SU MO TU WE TH FR SA All News

Monday, April 08, 2013
Ericsson Buys Microsoft IPTV Business


Ericsson said on Monday it had struck a deal to buy Microsoft's Mediaroom IPTV business, the IPTV platform deployed by TV operators around the world.

Ericsson said in a statement the deal would make the company, the world's biggest mobile networks maker, the leading provider of IPTV. Internet protocol television (IPTV) uses the same technology that powers the Internet to transmit multimedia content over telecom and cable networks.

The company, which did not disclose the purchase price, said it expected to close the deal during the second half of 2013. The deal was subject to regulatory approvals and other conditions.

"This acquisition is mutually beneficial and strategically aligned for both parties. Ericsson will continue to invest in the growth and success of Mediaroom to the benefit of customers, employees, and the industry. It allows Microsoft to commit 100 percent of its focus on consumer TV strategy with Xbox," said Yusuf Mehdi, Corporate Vice President of Marketing, Strategy and Business for the Interactive Entertainment Business at Microsoft.

With the sale of Mediaroom, Microsoft is dedicating all TV resources to Xbox in order to make it the premium entertainment service that delivers all the games and entertainment - whether on a console, phone, PC or tablet.


Previous
Next
Hard Disk Market Down In 1Q13        All News        Microsoft To Stop Supporting Windows XP
U.S. Patent Office Withdraws Rejection of Apple's iPad Mini Trademark     General Computing News      Microsoft To Stop Supporting Windows XP

Get RSS feed Easy Print E-Mail this Message

Related News
Microsoft, Salesforce Talks Stall On Pricing: report
Microsoft Project Reveals Method For Keeping Cloud Data Private
Ericsson Filed New Suits Against Apple in Germany, the UK and the Netherlands
Microsoft May Bid For Salesforce
EU court Says Sky Sounds Like Skype
Microsoft Announces New Solutions For IT Professionals
Microsoft Uses Machine Learning To Guess Your Age
Microsoft Patent Describes Emotion Detecting Eyeglasses
Judge Rules in Favor of InterDigital in ITC Action Involving Nokia, Microsoft
Microsoft Cloud Business Drive Company's Profit, Revenue
Microsoft, Yahoo Renew Search Deal
Microsoft Introduces Lumia 540 Dual SIM

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .