It looks as though Microsoft will be betting big on its Xbox division to hopefully take over the living room of millions around the world as the company announced it will be selling its Mediaroom IPTV business to Ericsson.
Microsoft called the acquisition of its Mediaroom IPTV business to Ericsson as “mutually beneficial and strategically aligned for both parties”. The purchase will make Ericsson the leading provider of IPTV as the service is said to power 22 million set-top-boxes within 11 million subscriber households. The deal also allows Microsoft to fully focus on its consumer TV strategy with its Xbox division. (more…)
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