Monday, January 26, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Smart TVs Could Be Hackers' Next Target
Oculus Forms Virtual-reality Film Studio
Dell Launches Malware Protection and Detection Service
Motorola Returns To The Chinese Market with Three New Phones
LG Display Buys Rights To Use New OLED Technology
Turkish Court Orders Facebook to Remove Pages Insulting Mohammad
Malaysia Airlines And Russian Dating Sites Topface Websites Hacked
Logitech Introduces Portable Videoconferencing Solution
Active Discussions
Sound card for my Laptop
full screen wide screen
Hi
About the restriction problem of chapter quantity in DVD
Booktype utilities for LiteON and OEM DVD Recorders
downgrade a nero vision 5 project to nero vision 2
what is the minimum burning speed
GSA-4163B and bitsetting
 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 Launches the Lumia 435 and Lumia 532 Smartphones
Apple, Ericsson In Courts Over LTE Patents
Microsoft Attacks Google Over Security Disclosures
Microsoft To Release Customer-centric Solutions This Spring
Tech Giants Support Microsoft In Data Fight With U.S.
Cortana Arrives in France, Italy, Germany, and Spain
Microsoft Creates Tools That Unlock the Power of Living Cells
Microsoft Acquires Mobile Email App Provider Acompli
Microsoft Accidentally Anounced Acquisition Of Acompli
Microsoft Offers Massive Music Deals For The Holidays
Microsoft Slashes Prices Of Xbox One, Surface 3 For Black Friday
Samsung Loses Bid Against Microsoft

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 .