Ericsson is in talks to buy Microsoft Corp's IPTV business, which makes
software used by phone companies such as AT&T to deliver television
over the Internet, Bloomberg reported, quoting people with knowledge of
Bloomberg said the transaction could be announced as soon as the coming few weeks.
Both Microsoft and Ericsson declined to comment on the report.
protocol television (IPTV) uses the same technology that powers the
Internet to transmit multimedia content over telecom and cable networks.
the largest maker of wireless networks, wants to cater to phone
companies that are competing with cable, satellite and web-based media
Microsoft, the biggest software maker, intends to focus
on delivering TV through its Xbox games console, a person familiar with
the plans told Bloomberg.
Microsoft's website says its Mediaroom
IPTV platform is offered by more than 40 of the world's leading
operators, delivering services to more than eleven million households.
© Thomson Reuters 2013