(08 April 2013) Ericsson, the world’s largest maker of telecom equipment, today said that it would buy Microsoft Corp’s Mediaroom IPTV business, which is used by phone companies such as AT&T to deliver television over the Internet.
The Stockholm-based company did not reveal the financial terms of the deal, but said that the deal would make the company, the leading provider of IPTV and multi-screen solutions with a market share of over 25 per cent.
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