Microsoft is selling its Mediaroom business to Ericsson.
(Credit: Microsoft) Microsoft plans to sell its Mediaroom IPTV platform business to Ericsson, allowing the software giant to focus its TV efforts on its Xbox gaming system.
The companies didn't disclose the purchase price but said the deal should close in the second half of the year.
We've contacted Microsoft and Ericsson for more details about the deal and will update the report when we have more information.
One of the next big battleground for the tech giants is video. Many, such as Amazon and Netflix, already provide content, but others are looking to provide a full package to consumers. Chip giant Intel is building an IPTV service and set top box, while Apple is reportedly prepping its own system. The game console makers also are looking at the sector, with Sony and Microsoft both seeking to provide more programming to their users.
Related stories:
- ... [Read more]
No comments:
Post a Comment