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April 8, 2013 05:59 pm GMT
Microsoft announced today via its blog that it will be selling its Mediaroom properties to Ericsson, in a deal that will see Ericsson become the dominant IPTV player in the industry with over 25 percent market share. Mediaroom operates as a pretty much separate company from Microsoft, with its own HQ in Mountain View and around 400 employees, and powers TV offerings like AT&T U-verse, as well as services from Deutsche Telekom, Telefonica and Telus. The deal clears the deck for Microsoft fo go all-in on Xbox as the focal point of its own TV efforts.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/2RNxr-lGCSI/
Microsoft To Sell IPTV Mediaroom Division To Ericsson, Will Refocus TV Efforts On Xbox
Microsoft announced today via its blog that it will be selling its Mediaroom properties to Ericsson, in a deal that will see Ericsson become the dominant IPTV player in the industry with over 25 percent market share. Mediaroom operates as a pretty much separate company from Microsoft, with its own HQ in Mountain View and around 400 employees, and powers TV offerings like AT&T U-verse, as well as services from Deutsche Telekom, Telefonica and Telus. The deal clears the deck for Microsoft fo go all-in on Xbox as the focal point of its own TV efforts.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/2RNxr-lGCSI/
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