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Ericsson GmbH Deutschland Prinzenallee 21 40549 Düsseldorf, Germany https://www.ericsson.com/de
Contact Mr Lars Bayer +49 211 5342692
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Ericsson GmbH Deutschland

Ericsson to acquire Microsoft Mediaroom

(PresseBox) (Düsseldorf, )
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- Underlines Ericsson's commitment to being partner of choice for Video distribution across multiple networks and devices
- Places Ericsson in lead for TV Anywhere consumption
- Ericsson becomes leading player for innovative video distribution with combined market share of more than 25%

Ericsson (NASDAQ:ERIC) has reached an agreement with Microsoft (NASDAQ:MSFT) to acquire its TV solution Mediaroom business. This will make Ericsson the leading provider of IPTV and multi-screen solutions with a market share of over 25%. Closing expected during the second half of 2013. Mediaroom is situated in Mountain View, California and employs more than 400 people worldwide.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.