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Ericsson to acquire Microsoft Mediaroom

2013-04-08 15:30:28| Digital TV News

Ericsson (NASDAQ: ERIC) has reached an agreement with Microsoft (NASDAQ: MSFT) to acquire its TV solution Mediaroom business. Closing is expected during the second half of 2013.

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Ericsson to buy Microsoft IPTV business Mediaroom

2013-04-08 15:05:00| Telecompaper Headlines

(Telecompaper) Ericsson has agreed to acquire Microsoft's IPTV business Mediaroom. The deal will give Ericsson an over 25 percent share of the IPTV platform market and improve its position in the growing 'TV everywhere' segment, the company said. The transaction is expected to close in the second half of this year. The Mediaroom operations are based in Mountain View, California and employ more than 400 people worldwide. Microsoft's IPTV customers include AT&T, Deutsche Telekom, Beeline and Telefonica, serving 22 million set-top boxes in 11 million subscriber households worldwide. The activities will be incorporated in Ericsson's Business Unit Support Solutions. No financial details were disclosed. Microsoft said it will focus its TV activities in future on its Xbox gaming console.

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Ericsson buys Microsoft's Mediaroom IPTV arm

2013-04-08 02:00:00| Total Telecom industry news

Deal is expected to close in second half of this year.

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Telenor selects Ericsson for Multiscreen TV

2013-04-04 10:56:03| Digital TV News

Telenor Sweden has partnered with Ericsson (NASDAQ:ERIC) to ensure that Telenor Sweden's TV subscribers are able to enjoy a rich variety of interactive TV experiences across a complete range of devices.

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Ericsson eyes Microsoft's mobile-TV service -- report

2013-03-27 17:14:20| CNET News.com

The companies could announce a deal in which Microsoft would sell off its mobile-television service, though no prices were divulged. [Read more]

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