Microsoft and Ericsson had announced plans of Ericsson to buy Microsoft's Mediaroom end-to-end IPTV platform, in April 2013. Ericsson has now revealed that the acquisition has completed successfully.
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Microsoft has entered into an agreement with Ericsson to sell its Mediaroom IPTV business. The deal is expected to close later this year and will make Ericsson the leading IPTV provider.
Microsoft is rumored to be putting up its MediaRoom IPTV division for sale, with wireless phone network company Ericsson said to be in talks to acquire the IPTV business.
Two months before Microsoft planned to hold a conference that would have given more info about its IPTV plans, the company has revealed that the conference has now been delayed. ZDNet repors that the Mediaroom...