Ericsson will acquire Microsoft's Mediaroom IPTV business.
Microsoft Mediaroom is used by many leading IPTV service providers, including AT&T U-verse, Entertain of Deutsche Telekom, Telefonica, TELUS Optik TV and Swisscom. Mediaroom-powered TV services are offered on more than 22 million set top boxes deployed throughout the Americas, EMEA and APAC.
Per Borgklint, Senior Vice President and Head of Business Unit Support Solutions at Ericsson said: "Ericsson's vision of the Networked Society foresees 50 billion devices to be connected via broadband, mobility and cloud. Future video distribution will have a similar impact on consumer behavior and consumption as mobile voice has had. This acquisition contributes to a leading position for Ericsson with more than 40 customers, serving over 11 million subscriber households. In addition, Ericsson will be powered with senior competence and some of the most talented people within the field of IPTV distribution."
Microsoft's Mediaroom business unit is based in Mountain View, California and employs more than 400 people worldwide. The group will be incorporated into Ericsson's Business Unit Support Solutions.
http://www.ericsson.com/news/1691160
http://www.microsoft.com/mediaroom/
