Quick Note: Ericsson Announces Acquisition of Microsoft Mediaroom Tech
April 8, 2013 9:20 AM
comment(s) - last by
Ericsson and Microsoft officially confirmed the deal
Word surfaced in late March that Ericsson was in
to buy Microsoft's IPTV arm. Today Microsoft and Ericsson have officially confirmed that the deal has been closed. Microsoft and Ericsson have entered into a definitive agreement that will have Ericsson acquiring Microsoft's Mediaroom technology.
Microsoft says that Mediaroom is the number one IP TV platform deployed by TV operators around the world. The two companies say that the acquisition is mutually beneficial and strategically aligned for both companies. Ericsson promises to continue its investment in the growth and success of the software.
Microsoft says that the deal allows it to commit 100% of its focus on consumer TV to the Xbox platform. Microsoft says with all of its resources now aimed at the Xbox, it will continue to make the game console the premium entertainment service delivering games and entertainment consumers want. There is no indication of exactly when this deal will close at this time.
This article is over a month old, voting and posting comments is disabled
Netflix without Gold
4/9/2013 12:45:03 PM
"...it (Microsoft) will continue to make the game console the premium entertainment service delivering games and entertainment consumers want."
Yah? How about making Netflix available without a Gold Membership? That's what this consumers wants.
"People Don't Respect Confidentiality in This Industry" -- Sony Computer Entertainment of America President and CEO Jack Tretton
Quick Note: Ericsson Reportedly in Discussions to Buy Microsoft IPTV Software Arm
March 27, 2013, 10:02 AM
Quick Note: Moto X Gets Mad for the Month of March
March 7, 2014, 5:14 PM
Staples Closing 225 Stores Across North America
March 7, 2014, 1:24 PM
HP Launches $170, 8" Android Tablet
March 7, 2014, 8:09 AM
Sony Computer Entertainment America CEO Jack Tretton Stepping Down
March 6, 2014, 8:52 PM
Apple Won't Let UK Sons Unlock Their Deceased Mother's iPad
March 6, 2014, 12:44 PM
Benchmarks for NVIDIA Tegra K1 Hit the web
March 6, 2014, 8:57 AM
Most Popular Articles
Facebook Kills Popular Messenger App for PCs
March 1, 2014, 4:01 PM
Mt. Gox Bitcoin CEO Can't Stifle Grin as he Bows in Apology for Bankruptcy
February 28, 2014, 5:00 PM
Bitcoin King: Mt. Gox CEO Mark Karpelès' History of Arrests, Firings
March 5, 2014, 9:05 AM
Two More Microsoft Executives Leaving the Company
March 3, 2014, 4:38 PM
USAF Moves Forward With Long Range Bomber Program Despite Budget Crunch
March 4, 2014, 9:44 AM
Latest Blog Posts
Tesla vs. BMW: Who Has the Safer EV?
Feb 1, 2014, 2:56 PM
Justice Leaks Details of Next HTC One Two Flagship Phone
Dec 5, 2013, 4:04 PM
Global Cyber Espionage Concerns Reveal Growing Cyber Armies
Nov 29, 2013, 11:04 AM
Is The Period Becoming an Expression of Anger?
Nov 26, 2013, 2:02 PM
NSA and Congress -- You Will Never Kill the Constitution, It's an Idea
Nov 10, 2013, 2:00 PM
More Blog Posts
Copyright 2014 DailyTech LLC. -
Terms, Conditions & Privacy Information