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Microsoft to bid for ITV Digital?

Daniel Fleshbourne Administrator Neowin @dfleshbourne · Apr 29, 2002 05:40 EDT with -1 comments

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Microsoft has emerged as one of several firms attempting to assemble a consortium to take over the wreckage of ITV Digital. The US software giant is believed to be one of several parties showing a serious interest in buying the firm's assets and has requested information packs from administrators Deloitte & Touche. The administrators will meet at least one consortium over the next two days, and an announcement could come as early as Wednesday

A Microsoft spokeswoman said: 'It is our policy never to comment on market speculation and rumour'. However, it is known that the company is keen to become a major player in the interactive television market, having taken stakes in the UK cable firms, NTL and Telewest. It also has established links with the Government, which is desperate to end the much-publicised ITV Digital debacle.

News source: The Inquirer