Ericsson will buy Microsoft’s Mediaroom IPTV platform
Ericsson will buy Microsoft’s Mediaroom IPTV platform, the companies said Monday. “This will make Ericsson the leading provider of IPTV and multi-screen solutions with a market share of over” 25 percent, said Ericsson’s release about the deal. “This acquisition is…
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mutually beneficial and strategically aligned for both parties,” wrote Microsoft Marketing Vice President Yusuf Mehdi in a blog post Monday (http://bit.ly/12yWgt8). “It allows Microsoft to commit 100 percent of its focus on consumer TV strategy with Xbox.” Neither company responded to requests for comment on Mediaroom’s purchase price, but Mehdi said that Mediaroom has “11 million subscriber households.” Ericsson projects the IPTV field to reach 76 million subscribers in 2013. “The importance of video distribution capabilities for the customers and their consumers will be increasing as more and more LTE networks are deployed and filled with smartphone users,” said the release. Meanwhile, Mehdi said Microsoft will dedicate “all TV resources to Xbox.” Ericsson said closing on the sale is expected during the second half of 2013.