It was first rumored back in October 2013 that Verizon might be interested in acquiring Intel’s internet TV service which failed to take off. While it was rumored that the service might have other suitors as well, Verizon’s name came up repeatedly. Both companies were said to be in direct talks, and it was rumored last month that an announcement was possible within the week. Though the expected time-frame has not quite been met, but Verizon has formally announced that it is going to purchase Intel Media, the division behind its internet TV service. (more…)
Verizon To Purchase Intel’s Internet TV Service original content from Ubergizmo.
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